VA
Richmond City
Richmond
23223
620 N 32nd Street
620 N 32nd Street, Richmond, VA 23223
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Listing Type
Multi Family
Listing Status
active
39
$1,050,000

Home Details for 620 N 32nd Street

Price
$1,050,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
2700
Year built
1925
Lot size acres
0.0632
County
Richmond City
Garage
Basement
Crawl Space
Days on site
48
MLS Listing#
2525788
Property Description

Exceptional investment opportunity in Richmond offering $96,000 gross annual income! This fully renovated 4-unit property is not only turnkey, but also delivers the highest rental rate per unit among all quadplex sales in the Downtown Richmond area. With long-term tenants in place and quality upgrades throughout, this asset offers immediate cash flow and minimal ongoing responsibilities. Each unit is on a 3-year lease generating a combined annual gross rent of $96,000—a strong return with no property management needed and virtually zero maintenance. Whether you're a seasoned investor or looking to enter the multifamily market, this property offers stability, performance, and peace of mind—all with top-tier rental income already secured. 618 N 32nd Also for sale with identical offering and prefered to sell together. Also offered with the sale is 3108 E Leigh St Rear for parking with the ability to add paid parking for neighboring tenants!

Property Features
  • House Interior
    • Granite Counters
    • High Ceilings
    • Kitchen Island
    • Recessed Lighting
    • Master Downstairs
  • Parking
    • Alley Access
    • Parking Lot
  • Water Features
    • Public
  • Basement
    • Crawl Space
School Information
School Information for 620 N 32nd Street, Richmond, VA 23223
Elementary School
Chimborazo
Middle School
Martin Luther King Jr.
High School
Armstrong
Listing Courtesy: EXP Realty LLC - 804-729-5188
Presented by: Corey Chandler
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: 2025-10-08 05:31:10
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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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