1321 N 28th St, Richmond,VA 23223

$2,950,000

1321 N 28th St, Richmond, Virginia 23223 - $2,950,000

2.50 Acre
Property Description

16 single family home portfolio. The homes consist of a mix of 2-4 bedrooms and are located primarily in Richmond’s east end and southside with many of them having undergone over $345,000 in renovations within the last 5 years. The portfolio consists of 75% section 8 tenants. With a request to RRHA, rents can be increased for all section 8 tenants in 2023 – these increases are outlined in Figure A (see supplements for attachments). This is a rare opportunity for an investor to purchase a manageable single family home portfolio and expand their current property portfolio in the Richmond MSA or enter the market with true presence!

Property Details
Basic Details
Property Type : Land
Price : $2,950,000
Year Built : 1910
Lot : 2.50 Acre
Status : Active
Features
: Central air
: Built-up
Address Map
US
VA
Richmond and Greater Richmond Area
Richmond City
Richmond
23223
W78° 35' 34''
N37° 32' 20.4''
Additional Details
0
Yes
: Level
E000-0623-025
$0
: Public
2301088
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