Richmond, VA 23222 2502 North Avenue
$2,120,000



2 more



Presented By: Matt Smith with Weichert Brockwell & Associate.
Home Details
RVA MULTI-FAMILY RENTAL PORTFOLIO- 16 UNITS
Investors- Looking to add some Quality units to your rental portfolio? If so, then take a look at this 7-property, 16-unit, Multi-family Rental Portfolio. This Portfolio consists of 1 QUAD and 6 Duplexes. All units are rented. All units are individually metered for water and power, so tenants pay all utilities. All properties have been renovated prior to rental. All properties are all electric. This is an All or None sale, all 7 properties are for sale as a package. All properties may be inspected, and there will be a group showing for qualified buyers who can provide Proof of Funding as well as Proof of downpayment funds to secure funding. These properties are all in Richmond, Brookland Park area. All rents are good but below Market, so there is ample room for rental growth. Currently bringing in over 18K per month with little overhead. Don't let this Turnkey Richmond Rental Portfolio pass you by. Sale includes the following properties: 1903 2nd Ave., 2420 Lamb Ave., 2502 North Ave., 3004 Barton Ave., 3024 North Ave., 3307 Barton Ave., 3408 1st Ave..
Presented By: Matt Smith with Weichert Brockwell & Associate.
Interior Features for 2502 North Avenue
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementCrawlSpace
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
General for 2502 North Avenue
Additional Parcels Y/NNo
Architectural StyleTwoStory
Attached Garage No
Carport Y/NNo
Construction MaterialsBrick, Frame
CountyRichmond City
DirectionsLocated near the corner of North Ave. and Overbrook Rd..
Elementary SchoolOverby-Sheppard
Full Baths
Garage Y/NNo
HOANo
High SchoolJohn Marshall
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description0047.50X0140.00 0000.000
LevelsTwo
Lot Size UnitsAcres
MLS Area30 - Richmond
Middle/Junior High SchoolHenderson
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-13T19:12:41.157-00:00
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
OwnershipIndividuals
Ownership TypeSoleProprietor
PostalCityRichmond
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameNone
Tax Annual Amount4248.0
Tax Assessed Value368000
Tax Lot1-2
Tax Year2024
Year Built1924
Year Built DetailsActual
Zoning DescriptionR-6
Exterior for 2502 North Avenue
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1527
Lot Size Area0.1527
Parking FeaturesOffStreet
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Henderson Middle School
High School
John Marshall High School
Elementary School
Overby-Sheppard Elementary School

Anne Innes
Associate