1208 S 2nd Ave W
Property Description
Well-maintained 4-plex in Virginia with strong rental income and recent improvements. All four units feature a functional 2-bedroom, 1-bathroom layout, providing consistency for management and maintenance. The property offers coin-operated laundry on site, fixed-term leases, and established rental income. Recent improvements include brand-new windows throughout all four apartments and a new roof in 2024. New flooring throughout many of the units. Other updates such as appliances and bathrooms occur as they are needed. The property is professionally managed and has already passed the City of Virginia's residential rental inspection. A solid opportunity to add a fully occupied, income-producing multifamily property to your portfolio with established tenants, fixed-term leases, on-site laundry, and recent capital improvements. Square Footage and Accounting numbers are approximated. Buyer to verify square footage numbers and clarify accounting.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $270,000 |
| No. of Units: | 4 |
| Year Built: | 1908 |
| Lot Size: | 3,956.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $67,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-RAORMN-150593
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