3618 Chamberlayne AVE, Richmond, VA 23227
3618 Chamberlayne AVE, Richmond, VA 23227
3618 Chamberlayne AVE, Richmond, VA 23227
3618 Chamberlayne AVE, Richmond, VA 23227
3618 Chamberlayne AVE, Richmond, VA 23227
3618 Chamberlayne AVE, Richmond, VA 23227
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Brandon Jenkins

Brandon Jenkins

+1(804) 929-3459
$ 2,600,000
Est. payment | /mo

13,212 SqFt

Save
$ 2,600,000
Est. payment | /mo
Save

13,212 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 13,212 sqft

Price per Sqft $196

MLS Listing ID 2608932

Style Garden Home

HOA Y/N No

Year Built 1963

Lot Size 0.600 Acres

Acres 0.6

Property Description

This property is an excellent investment opportunity with strong upside potential. Each of the units are spacious one-bedroom floor plans that have been well maintained. Recent improvements include upgraded common area finishes and kitchen and flooring updates in select units. The building also has a common laundry room for the convenience of the residents. Located on the corner of Chamberlayne Ave & Laburnum Ave, this property offers excellent street visibility and easy access for residents to the building parking lot. The surrounding area is filled with amenities such as supermarkets, schools, and public transportations, making it an attractive location for residents. The current rents present a great opportunity for investors to increase income potential of the property. With some continued upgrades and improvements, the property has the potential to attract higher paying tenants and generate significant returns. Overall, this is a fantastic investment opportunity for a commercial real estate investor. The combination of upside and a prime location make this property a smart choice for anyone looking to add a valuable asset to their portfolio.

Location

State VA

County Richmond City

Area 30 - Richmond

Interior

Cooling Central Air

Exterior

Roof Type Flat

Topography Level

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 2

Sewer Public Sewer

Water Public

Architectural Style Garden Home

Level or Stories Two

Structure Type Brick

Others

Tax ID N000-1749-001

Ownership Investment

Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC

Nearby Locations

Brandon Jenkins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(804) 929-3459

brandon.jenkins@jenkinsrealestategroup.com

9200 Center Oak Court Suite A, Mechanicsville, Virginia 23116, USA

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3618 Chamberlayne AVE