401 E Brookland Park Blvd, Richmond, VA 23222
Commercial Property
Built in 1967
1acre lot
—— car garage
$——/sqft
Listed 2 months ago
Property Description
Exceptional Investment Opportunity – 26-Unit Multifamily Property! Discover the potential of this all-brick multifamily complex, featuring 26 units comprised of 18 spacious 2-bedroom, 1-bath apartments and 8 efficient 1-bath studio units. Six units have been recently renovated and are rent-ready—perfect for immediate cash flow! With newer vinyl windows and a durable brick exterior, this property offers low-maintenance ownership and long-term value. Market rents are strong, with efficiency units projected at $1,000/month and 2-bedroom units at $1,200/month, giving this property significant upside potential. Current monthly rental income stands at $14,572, leaving plenty of room to increase revenue as more units are updated and leased at market rates. Don’t miss your chance to invest in a high-potential asset with solid fundamentals and room to grow. Contact us today to schedule your private tour!
- Listing Status:
- Active
- Listing Office:
- River City Elite Properties : (804) 594-6750
- Listing Agent:
- Phillip Hughes : (804) 651-4710
- MLS ID:
- 2510457

- General: 2
This listing courtesy of Phillip Hughes, River City Elite Properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Overby-Sheppard Elementary School
2300 1st Ave, Richmond, VA, 23222
Grades PK-5
0.43 miles away
Richmond Alternative
119 W Leigh St, Richmond, VA, 23220
Grades 6-12
1.65 miles away
Richmond Community High School
201 E Brookland Park Blvd, Richmond, VA, 23222
Grades 9-12
0.11 miles away