Richmond, VA 23222,401 E Brookland Park BLVD
Richmond, VA 23222,401 E Brookland Park BLVD
Richmond, VA 23222,401 E Brookland Park BLVD
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$2,500,000
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1 Acres Lot
Pending

401 E Brookland Park BLVD Richmond, VA 23222

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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 2510457

Construction Status Actual

HOA Y/N No

Year Built 1967

Lot Size 1.000 Acres

Acres 1.0

Property 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!

Location

State VA

County Richmond City

Area 30 - Richmond

Building

Story 2

Level or Stories Two

Construction Status Actual

Others

Tax ID N000-0898-030

Ownership Investment


Central Virginia Regional MLS (CVR MLS)
Listed by River City Elite Properties

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    J.E.B. Stuart Elementary School

    Public | PK - 5

  • 6

    George W. Carver Elementary School

    Public | PK - 5

  • 5

    William Fox Elementary School

    Public | PK - 5

  • 5

    Fairfield Court Elementary School

    Public | PK - 5

  • 4

    Linwood Holton Elementary School

    Public | PK - 5

  • 3

    Ginter Park Elementary School

    Public | PK - 5

  • 3

    Bellevue Elementary School

    Public | PK - 5

  • 3

    Glen Lea Elementary School

    Public | PK - 5

  • 2

    Chimborazo Elementary School

    Public | PK - 5

  • 1

    Laburnum Elementary School

    Public | PK - 5

  • 1

    Overby-Sheppard Elementary School

    Public | PK - 5

  • 1

    George Mason Elementary School

    Public | PK - 5

  • 1

    Woodville Elementary School

    Public | PK - 5

  • 1

    Ratcliffe Elementary School

    Public | PK - 5

  • 0

    Amelia Street Special Education

    Public | PK - 12

  • 0

    The New Community School

    Private | 5 - 12

  • 0

    Orchard House School

    Private | 5 - 8

  • 0

    Seven Hills School

    Private | 5 - 8

  • 0

    St Andrew's School

    Private | KG - 5

  • 0

    Luther Memorial School

    Private | PK - 8

Middle Schools 5
  • 6

    Franklin Military Academy

    Public | 6 - 12

  • 2

    Binford Middle School

    Public | 6 - 8

  • 1

    Henderson Middle School

    Public | 6 - 8

  • 1

    Martin Luther King Jr. Middle School

    Public | 6 - 8

  • 0

    Richmond Alternative

    Public | 6 - 11

High Schools 6
  • 10

    Open High School

    Public | 9 - 12

  • 8

    Richmond Community High School

    Public | 9 - 12

  • 3

    John Marshall High School

    Public | 9 - 12

  • 3

    Henrico High School

    Public | 9 - 12

  • 1

    Armstrong High School

    Public | 9 - 12

  • 0

    Richmond Technical Center

    Public | 9 - 12

School and business data provided by Attom Data.

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401 E Brookland Park BLVD