4301 North Avenue Richmond, VA ^$ 2,500,000

4301 North Avenue

^$ 2,500,000

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4301 North Avenue

Richmond, VA, 23222

^$ 2,500,000

Studio Baths0.0 Sq 20,462

Monthly Estimate*

^$ 17,463

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Studio

Commercial Property for sale in Richmond, VA

for $2,500,000. This 20,462 square foot building was built in 1963 on a lot size of 0.75.

Welcome to an exceptional investment opportunity with this multifamily property featuring 28 units: 27 spacious 2-bedroom units and one 1-bedroom unit, all with 1 bath. Each unit is separately metered for gas and electric. With over half of the property currently vacant, there's vast potential for the new owner to revitalize and customize the space to their vision. Don't miss out on this chance to acquire a multifamily property with endless possibilities. Contact us today to schedule a viewing!

Commercial Pending

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial Sale

Lot Size

0.75

Year Built

1963

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2407642

Features

General

Sewer PublicSewer

Heating ForcedAir

Possession CloseOfEscrow

Roof Flat

Construction Materials Brick

Year Built 1963

Stories 2

Levels Two

Percent Ownership Investment

County Richmond City

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Possible Use MultiFamily

Garage Y/N N

Building Features MultiTenant

Total Rooms 112

Status Pending

View Y/N N

Senior Community Y/N N

MLS Area 30 - Richmond

Waterfront Y/N N

Carport Y/N N

Street Name North

Property Attached Y/N N

Year Built Details Actual

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Leasable Area 0.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 6

Standard Status Pending

Tax Assessed Value 2046000

Exterior

Water Source Public

Lot Size Area 0.75

Spa N

Building Area Total 20462.0

Lot Size Acres 0.75

Lot Size Units Acres

Crops Included Y/N N

Road Responsibility PublicMaintainedRoad

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

* Excluded Features

List By

Phillip Hughes

Listing Agent

River City Elite Properties

Broker

Phillip@rivercityeliteproperties.com

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Richmond, VA

Average List Price ^$1,205,835

Percent of Sale Price 52%

About Richmond, VA

228,048 Population

15% Since 2002

^$44,360 Median Income

34.76 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1821039 Elementary School

1821205 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$2,500,000		Listed Price

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4301 North Avenue, Richmond, VA, 23222 is a Commercial Property for sale at $2,500,000 with 20,462 sqft and a lot size of 0.75. 4301 North Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 23222 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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4301 North Avenue

Commercial Property for sale in Richmond, VA

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