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Call For Offers
Prime Downtown 9 Unit Multi-Family Investment
Close to VCU Medical Center/ Virginia State Capitol Campus
Listing Contacts
License: VA 0225187102
License: VA 0225250413
Call For Offers
6d17h9m7s
Asking Price: $1,625,000
Address
213 N 18th St, Richmond, VA 23223
Show on MapDate Added
Sep 10, 2024
Days on Market
192 days
Time Since Last Update
9 days
Details
Property TypeMultifamily
SubtypeApartment Building
Square Footage10,024
Occupancy80%
Units9
Year Built1850
Buildings1
Stories3
ZoningB-5
Lot Size (acres)0.14
APNE0000161030 & E0000161034
Marketing Description
One South Commercial is pleased to offer for sale 213-215 N 18th Street, a nine-unit multi-family property located just blocks away from both VCU Medical Center and the Virginia State Capitol Campus. The property provides a blend of 2-bedroom and 1-bedroom units and a detached single-family home in the rear with a 2-bed/2 bath layout including a 3-bay garage. All units have modern finishes to complement the historic portions of the property. All tenants enjoy off-street parking as well as a short walk to many of Shockoe Bottom’s popular boutiques, restaurants and coffee shops.
The property provides a future investor rental upside as reflected in the included pro-forma given its prime location and large unit size. Additionally, the B-5 zoning allows for the potential of short term furnished rental opportunities. 213-215 N 18th Street is an excellent opportunity for an investor looking to expand their portfolio or enter the Richmond market with a splash.
Investment Highlights
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OFF STREET PARKING
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PRIME DOWNTOWN LOCATION
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BRICK CONSTUCTION
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RENT UPSIDE POTENTIAL
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HIGHLY WALKABLE
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Property History
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Due Diligence
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Listing Contacts
- License: VA 0225187102
- License: VA 0225250413
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