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$ 995,000
$ 995,000
Est. payment /mo
Sold on 07/08/2025
1600 1606 1612 Pollock ST Richmond, VA 23222
0.54 Acres Lot
UPDATED:
Key Details
Sold Price $995,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2510448
Sold Date 07/08/25
Construction Status Actual
HOA Y/N No
Year Built 1976
Lot Size 0.540 Acres
Acres 0.54
Property Description
Introducing a rare investment opportunity in the heart of Richmond: three adjacent duplexes offering a total of six spacious 3-bedroom, 1-bath units.? Three units are currently rented at $1,500 per month, generating $4,500 in monthly income. The remaining three units are being renovated and prepared for occupancy, with projected rents also at $1,500 per unit. Once fully leased, the portfolio will bring in $9,000 per month in rental income.
Situated side-by-side, these properties offer simplified management and are highly attractive to tenants seeking both space and convenience. With low maintenance requirements and a turnkey setup, this package presents a compelling opportunity for investors looking for stability, growth potential, and strong returns in Richmond's thriving real estate market.
Situated side-by-side, these properties offer simplified management and are highly attractive to tenants seeking both space and convenience. With low maintenance requirements and a turnkey setup, this package presents a compelling opportunity for investors looking for stability, growth potential, and strong returns in Richmond's thriving real estate market.
Location
State VA
County Richmond City
Area 30 - Richmond
Direction Corner of Pollock Street and Dill Ave
Interior
Heating Baseboard
Cooling Window Unit(s)
Exterior
Roof Type Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Actual
Others
Tax ID N005-1182-051
Ownership Investment
Financing Conventional
Listed by River City Elite Properties
Bought with Real Broker LLC
Bought with Real Broker LLC