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

$2,120,000

Est.Price: ?

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Est. payment /mo

3,364 SqFt


SOLD DATE : 10/31/2025

Key Details

Sold Price $2,120,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,364 sqft

Price per Sqft $630

MLS Listing ID 2519594

Sold Date 10/31/25

Style Two Story

Construction Status Actual

HOA Y/N No

Year Built 1924

Annual Tax Amount $4,248

Tax Year 2024

Lot Size 6,651 Sqft

Acres 0.1527

Property Sub-Type Quadruplex

Property Description

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..

Location

State VA

County Richmond City

Area 30 - Richmond

Direction Located near the corner of North Ave. and Overbrook Rd..

Rooms

Basement Crawl Space

Exterior

Fence None

Roof Type Composition

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Brick,Frame

Construction Status Actual

Schools

Elementary Schools Overby-Sheppard

Middle Schools Henderson

High Schools John Marshall

Others

Tax ID N000-0598-011

Ownership Individuals

Financing Conventional

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Central Virginia Regional MLS (CVR MLS)
Listed by Weichert Brockwell & Associate
Bought with EXP Realty LLC
Leticia Ramos

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(540) 455-1295

letty@yourkeystoclose.com

1545 Crossways Blvd STE 250, Chesapeake, VA, 23320-0201, USA

Learn More About LPT Realty

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