$1,140,000
5204 Castlewood Unit #E RD Chesterfield, VA 23234
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$1,140,000
Est. payment /mo
859 SqFt
UPDATED:
11/02/2024 01:10 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 859 sqft
Price per Sqft $1,327
MLS Listing ID 2411219
Construction Status Actual
HOA Y/N No
Year Built 1968
Property Description
9-UNIT RENTAL CONDO PORTFOLIO - all in one complex.
5204E, 5232C, 5226D, 5222E, 5206E, 5208D, 5202C, 5210F, 5222F Castlewood Rd - 9-unit debt free rental condo portfolio in the popular Tree Top Condominium, N Chesterfield. Eight units are 2bedroom/1bath condos with identical floor plans, and one unit is a 3bedroom/1.1bath condo. Great open floor plans, vaulted ceilings, and large balconies. Two units are currently vacant & updated, and seven are tenant-occupied with leases available upon request. Tenants want to stay if possible. The condos will NOT be sold individually. Info sheet with PIDs, rents, improvements, etc is in the attachments and also available upon request. Please do NOT disturb the tenants. Most of the units have updated HVACs, some have replacement vinyl windows, new or newer appliances, updated bathrooms and light fixtures. Truly a rare opportunity to own a large rental portfolio, all in one popular complex. The deficit of affordable rentals is growing and demand is increasing due to the low supply, high prices and interest rates. Located close to downtown Richmond, this rare rental opportunity is not to be missed.
5204E, 5232C, 5226D, 5222E, 5206E, 5208D, 5202C, 5210F, 5222F Castlewood Rd - 9-unit debt free rental condo portfolio in the popular Tree Top Condominium, N Chesterfield. Eight units are 2bedroom/1bath condos with identical floor plans, and one unit is a 3bedroom/1.1bath condo. Great open floor plans, vaulted ceilings, and large balconies. Two units are currently vacant & updated, and seven are tenant-occupied with leases available upon request. Tenants want to stay if possible. The condos will NOT be sold individually. Info sheet with PIDs, rents, improvements, etc is in the attachments and also available upon request. Please do NOT disturb the tenants. Most of the units have updated HVACs, some have replacement vinyl windows, new or newer appliances, updated bathrooms and light fixtures. Truly a rare opportunity to own a large rental portfolio, all in one popular complex. The deficit of affordable rentals is growing and demand is increasing due to the low supply, high prices and interest rates. Located close to downtown Richmond, this rare rental opportunity is not to be missed.
Location
State VA
County Chesterfield
Area 52 - Chesterfield
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Roof Type Composition
Topography Level,Rolling
Building
Building Description Brick, Multi-Tenant,No Elevators
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Construction Status Actual
Others
Tax ID 786-68-93-10-600-029
Ownership ,Investment
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Listed by Joyner Fine Properties
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