Listed by United Country Virginia Realty
$250,000
8 Pruden Street
Details
Property Type Retail, Multifamily
Sub Type Apartment Building, Commercial
Square Footage 3,216
Units 5
Acreage 0.040
Retail | 3,216 SqFt
Marketing description
Secure a premier investment opportunity in the heart of Chatham! Located at 8 Prudent Avenue, this exceptional property delivers an immediate, strong return on investment with five fully occupied rental units. For the savvy investor, this asset provides the scale, stability, and location necessary for long-term portfolio growth.
The property features a strategic mix of residential and commercial space, ensuring broad appeal and high occupancy rates in Chatham’s competitive market. The units consist of a dedicated beauty salon—a key commercial tenant—and four separate residential apartments, each unit benefiting from its own private bathroom.
What makes 8 Prudent Avenue an outstanding acquisition is its verifiable track record. All five units are currently occupied by long-term renters, offering a reliable, consistent stream of cash flow from the moment of closing. This eliminates the carrying costs and uncertainty often associated with properties that require lease-up. The strong rental history proves the demand for both the location and the quality of the units.
Situated near downtown amenities, the property's desirable location ensures continued tenant interest and market appeal. In a growing town like Chatham, properties that offer this level of unit density and proven performance are rare.
This is more than just a purchase; it's an investment in immediate income and stability. Whether you're looking to expand an existing portfolio or acquire your first truly high-performing asset, 8 Prudent Avenue is positioned for success. Don't miss this chance to acquire a turnkey, cash-flowing asset in one of the most sought-after rental markets in the area.
Contact us today to review the financials and secure this five-unit gem!
Investment highlights
- Real Estate
- Commercial Property
- Investment, Income
- Shopping-Convenient
- Income Producing
- Over 3000 Square Feet
- Pittsylvania County
- Chatham, VA
Listing Contacts
Listed by United Country Virginia Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?









