2610 North Avenue

Richmond, VA 23222

Calling all Investors!!! 2610 North Avenue is a cash-flowing multi-family DUPLEX w/long-term tenants currently on month-to-month leases. Keep tenants in place for immediate cash flow or have property vacated quickly depending on development plans! Speaking of development, the greater potential value may be found in changes proposed to the Richmond 300 master plan's "Future Land Use" recommendations. Proposed zoning changes contain provisions which, if adopted, would allow a developer to take full advantage of the 11,000+ square foot lot to construct a small multi-family building, typically sized between 3 & 10 units. Its corner location & alley access is key to maximizing the number of units placed on the lot. LOWER LEVEL UNIT includes 3 Bedrooms (1 currently used as a Den), Living Room, Kitchen & Full Bath w/ tub/shower combo & single vanity. UPPER LEVEL UNIT includes 3 Bedrooms, Living Room, Kitchen & Full Bath w/ shower/tub combo & single vanity, plus washer/dryer hook-ups. 2nd flr furnace replaced 2018 & located in walk-up Attic. Basement includes water heaters, lower level furnace & storage. Roof replaced 2015. Units have separate gas/electric meters. SURVEY ATTACHED.

This is an Active listing.

Broker Office Phone Number: 804-282-5901

Copyright © 2023Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.