Leslie Schultz - REMAX Distinctive
4900 North Chamberlayne Avenue
, VA 23227

Description

Wonderful investment opportunity in North Ginter Park. Priced WELL under assessment value, this unit offers amazing potential for a new investor or anyone looking for upwards of $2,000+ in passive income. Featuring 2 units, with a new roof, a Detached garage and a basement for shared uses of laundry, you cannot go wrong this! Upstairs unit (which is not pictured in the listing) was recently renovated with over $160,000 worth of work invested into it back in 2016, it is 1100 sqft, has 2 beds, 1 full bath and ample living space along with a personal balcony currently leased for $800 through 2019. Downstairs unit (which is the only unit pictured in listing) features 3 spacious bedrooms and a possible 4th. Along with a formal dining room, spacious kitchen and direct access to basement with laundry. Projected rent for the downstairs unit is $1250. Outside features a nice fenced in backyard with a Detached garage that can possibly rent for $150 additional per month. DO NOT miss this opportunity to own a grand property to add in your existing portfolio or start anew with this constantly evolving community.

Details

MLS#1832390
Sub-TypeResale
StatusActive
Year1937
Days On Site67

Features

SQ Feet2,522
Units2
Building(s)1

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Area Information

StateVA
Zip Code23227
Area30 - Richmond
Listing VS Median (in 23227)
Price:
$250,000
low | high
Med:
$254,775
48.09% of Average
SqFt:
2,522
low | high
Med:
1,440
92.902458366376% of Average
$ / SqFt:
$99
low | high
Med:
$177
28.484041666666% of Average
On Site:
67
low | high
Med:
20
100% of Average
Listing Updated: 11/14/2018
MLS Number: 1832390
Listing Provided By:
Chris Symeonides  of  United Real Estate Richmond