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Carytown Quad Investment or Owner Occupant Opportunity
Multifamily | 4 Units
Listing Contacts
License: VA 0225030879
License: VA 0225191850
Active
Asking Price: $999,999
Address
3203 Ellwood Ave, Richmond, VA 23221
Show on MapDate Added
Jan 14, 2025
Days on Market
60 days
Time Since Last Update
18 days
Details
Property TypeMultifamily
SubtypeApartment Building
Square Footage2,384
Units4
Year Built1923
Buildings1
Stories2
ZoningR-48
Lot Size (acres)0.049
APNW0001454012
Marketing Description
Located in the heart of Richmond’s vibrant Carytown district, 3203 Ellwood Avenue is a charming quadplex that presents a fantastic opportunity for both investors and owner-occupants. This fully renovated property features four one-bedroom apartments, each thoughtfully updated to combine modern comfort with timeless style. With renovations complete, two of the four units are already leased at $1,499 per month, offering immediate income potential. The property is separately metered for all utilities, ensuring tenants are responsible for their own usage. Nestled in Carytown, known for its eclectic boutiques, renowned dining scene, and bustling entertainment options, 3203 Ellwood Avenue offers unparalleled access to one of Richmond's most desirable neighborhoods. Don’t miss the chance to own a turnkey investment in this thriving location.
Investment Highlights
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Four (4) 1 bed/1 bath apartments
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Opportunity for both investors and owner occupants
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Recently renovated
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Separately metered
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Property History
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Due Diligence
Listing Contacts
- License: VA 0225030879
- License: VA 0225191850
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