401 E Brookland Park Boulevard, Richmond, VA 23222
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
45
$2,500,000
Home Details for 401 E Brookland Park Boulevard
Price
$2,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1967
Lot size acres
1
County
Richmond City
Garage
Days on site
0
MLS Listing#
2510457
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!
Property Features
Listing Courtesy: River City Elite Properties - Real Broker - 804-594-6750