VA
Richmond City
Richmond
23220
1010 Park Avenue
1010 Park Avenue, Richmond, VA 23220
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Listing Type
Multi Family
Listing Status
Off Market
0
$1,500,000

Home Details for 1010 Park Avenue

Price
$1,500,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
4878
Year built
1910
Lot size acres
0.062
County
Richmond City
Garage
Basement
Full
Days on site
45
MLS Listing#
2525664
Property Description

AMAZING INVESTMENT OPPORTUNITY IN THE HEART OF THE FAN DISTRICT. Just steps from VCU, this updated 4 UNIT property spans 4,878 sqft and features a total of 10 bedrooms and 8 bedrooms. The building has been fully renovated with modern systems: central air/heat pumps, updated plumbing and electric, sprinkler system, fire alarm monitoring, double-paned windows, in-unit laundry, and a metal roof. The property is fully leased and generates a strong monthly income of $9,805 and has been owned for many years with 100% occupancy. With three dedicated parking spaces, high rental demand, and its unbeatable location near VCU, downtown, and major highways, this is a prime opportunity for investors or owner-occupants seeking both immediate cash flow and long-term appreciation. With no rent increases this year, there is strong upside potential for rent growth. Don't miss out on this rare opportunity to acquire a turn-key, cash-flowing asset in one of Richmond's most desirable neighborhoods conveniently located steps from all of the amenities the FAN has to offer.

Property Features
  • House Interior
    • Eat-in Kitchen
    • Granite Counters
    • High Ceilings
    • High Speed Internet
    • Kitchen Island
    • Recessed Lighting
    • Wired for Data
  • Parking
    • Assigned
    • Off Street
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Basement
    • Full
School Information
School Information for 1010 Park Avenue, Richmond, VA 23220
Elementary School
Fox
Middle School
Dogwood
High School
Thomas Jefferson
Listing Courtesy: The Mueller Group LLC - 804-748-5547
Presented by: Teresa Mueller
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: 2025-10-31 07:00:12
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Market statistics compiled from data from Central Virginia Regional MLS.
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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