$1,250,000
$1,450,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
1122-1130 W Marshall ST Richmond, VA 23220
8,537 Sqft Lot
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2400344
Sold Date 05/28/24
Construction Status Actual
HOA Y/N No
Year Built 1900
Lot Size 8,537 Sqft
Acres 0.196
Lot Dimensions 96.78x88.17.
Property Description
This development/multi-family opportunity consists of 4 rental properties and 1 buildable lot. Each home is 3 bedrooms, 1.5 bathrooms with a washer/dryer in each home and 2 off-street parking spaces. Though these homes have the potential for value adds and premium rents, it is a RARE thing to find an opportunity to have 5 contiguous lots in a rental rich environment like the VCU area, particularly behind the Siegel Center, with parking. Highest and best use would be a 4 level multi-unit apartment building. Make this your signature development project for 2024. Seller will NOT sell properties individually.
Location
State VA
County Richmond City
Area 10 - Richmond
Direction Broad Street(rt250) to Harrison St. Turn north onto Harrison, home will be one block north on the northeast corner of West Marshall
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Fence None
Roof Type Flat
Topography Level
Total Parking Spaces 10
Building
Lot Description Level
Building Description Brick, Multi-Tenant
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Construction Status Actual
Others
Tax ID 0000466033 - 0000466037
Ownership ,Investment
Financing Other
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Bought with Exit First Realty