VA
Richmond City
Richmond
23222
1002 Althea Parkway
1002 Althea Parkway, Richmond, VA 23222
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Listing Type
Commercial/Industrial
Listing Status
active
4
$905,000

Home Details for 1002 Althea Parkway

Price
$905,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1960
Lot size acres
1
County
Richmond City
Total rooms
5
Garage
Days on site
88
MLS Listing#
2521785
Property Description

RVA 4 Property Rental Portfolio For Sale. This sale includes four single-family homes—all currently rented and generating over $5,500/month in income. The properties are well-maintained and offer potential for both turnkey rental income and resale flipping. Investment Highlights - Monthly rental income: $5,500+ - ~$66,000 annually - Room to grow with rent increases or tenant turnover - Minimal updates needed for retail resale - Potential for flipping or holding as a cash-flowing asset - Managed and maintained professionally Sale includes the following properties: 1002 Althea PKWY., 1603 Lyndover Rd., 1703 Parlow Dr., 1906 McDonald Rd.. Growth Opportunity: Potential to raise rents or improve value If you are ready to scale up your rental portfolio with quality, turnkey, rented properties, then take a look at these.

Property Features
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
Listing Courtesy: Weichert Brockwell & Associate - 804-518-0500
Presented by: Matt Smith
Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2025 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Last Updated: 2025-08-04 06:08:32
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EXIT REALTY SUCCESS
605 Research Rd. Suite E., North Chesterfield, VA 23236
Jane Renger
Franchisee
Office
804 924 2171
Agent
804 397 9796
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