2211 3rd AVE Richmond, VA 23222

Multifamily Investment Opportunity in Richmond's Northside. Great opportunity for owner/occupants and investors alike. This duplex is fully leased and features two different floor plans. Unit A is a two bedroom/one bath ground level apartment and currently rents for $695. Unit B is a three bedroom/one bath apartment on the second level and currently rents for $819. Both units are on twelve-month leases. Unit A will become available on 10/31/2020 for new lease or owner occupant. Washer/Dryer Onsite. Off Street Parking & Shed Onsite.

The property is separately metered for electricity and tenants are responsible for payment. Water for both units is included in the rent through one water meter. Washer/Dryer is also provided onsite and is shared between the two apartments. Additionally, convenient off-street parking is available at the rear of the property.

The Northside rental market is quickly growing due to new construction and rising demand. Primed to take advantage of this growth, the currently low rental rates of this duplex make this listing a great value-added opportunity in this emerging neighborhood.