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Listed price in listed location currency (USD).
$2,500,000

000

MLS® 2510457

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 225
Approx. Age 1967
MLS® Number 2510457

Property Address: 401 E Brookland Park Blvd, Richmond, VA, 23222-3050

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity – 26-Unit Multifamily Property! Discover the potential of this all-brick multifamily complex, featuring 26 units comprised of 18 spacious 2-bedroom, 1-bath apartments and 8 efficient 1-bath studio units. Six units have been recently renovated and are rent-ready—perfect for immediate cash flow! With newer vinyl windows and a durable brick exterior, this property offers low-maintenance ownership and long-term value. Market rents are strong, with efficiency units projected at $1, 000/month and 2-bedroom units at $1, 200/month, giving this property significant upside potential. Current monthly rental income stands at $14, 572, leaving plenty of room to increase revenue as more units are updated and leased at market rates. Don’t miss your chance to invest in a high-potential asset with solid fundamentals and room to grow. Contact us today to schedule your private tour!
MLS® Number2510457
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1967
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 25, 2025List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
401 E Brookland Park Blvd, Richmond, VA

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