Company Logo
SIGN UP LOGIN
Refine Search

3618 Chamberlayne Avenue, Richmond, VA 23227

$2,600,000
  • 3618 Chamberlayne Avenue, Richmond, VA 23227 Main Photo

43 Total Photos [Click to View All]

New to the Market Active
MLS#2608932
STATUSActive PROPERTY TYPECommercial - Business

Property Description

This property is an excellent investment opportunity with strong upside potential. Each of the units are spacious one-bedroom floor plans that have been well maintained. Recent improvements include upgraded common area finishes and kitchen and flooring updates in select units. The building also has a common laundry room for the convenience of the residents. Located on the corner of Chamberlayne Ave & Laburnum Ave, this property offers excellent street visibility and easy access for residents to the building parking lot. The surrounding area is filled with amenities such as supermarkets, schools, and public transportations, making it an attractive location for residents. The current rents present a great opportunity for investors to increase income potential of the property. With some continued upgrades and improvements, the property has the potential to attract higher paying tenants and generate significant returns. Overall, this is a fantastic investment opportunity for a commercial real estate investor. The combination of upside and a prime location make this property a smart choice for anyone looking to add a valuable asset to their portfolio.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Home Style: Garden Home
Lot Size: 0.60 Acres
Roof Type: Flat
Stories: 2.0
Year Built: 1963

Feature Descriptions

Building Features: Multi-Tenant, No Elevators
Days on Site: 2
Exterior: Brick
Lot: Level
Parcel#: N000-1749-001
Sewer: Public Sewer
Topography: Level
Water: Public

Listed By / Shown By

Listed By

Agency Name: One South Commercial LLC

Shown By

Agency Title: Napier Realtors ERA
Agency Phone: 804-794-4531

IDX logo

Login to My Homefinder

Pixel