5204 Castlewood Unit #E RD Pending

Chesterfield,VA 23234

$ 1140000

- Bed

0 Bath

859 SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 859 sqft

Price per Sqft $1,327

MLS Listing ID 2411219

Year Built 1968

Property Description

9-UNIT RENTAL CONDO PORTFOLIO - all in one complex.
5204E, 5232C, 5226D, 5222E, 5206E, 5208D, 5202C, 5210F, 5222F Castlewood Rd - 9-unit debt free rental condo portfolio in the popular Tree Top Condominium, N Chesterfield. Eight units are 2bedroom/1bath condos with identical floor plans, and one unit is a 3bedroom/1.1bath condo. Great open floor plans, vaulted ceilings, and large balconies. Two units are currently vacant & updated, and seven are tenant-occupied with leases available upon request. Tenants want to stay if possible. The condos will NOT be sold individually. Info sheet with PIDs, rents, improvements, etc is in the attachments and also available upon request. Please do NOT disturb the tenants. Most of the units have updated HVACs, some have replacement vinyl windows, new or newer appliances, updated bathrooms and light fixtures. Truly a rare opportunity to own a large rental portfolio, all in one popular complex. The deficit of affordable rentals is growing and demand is increasing due to the low supply, high prices and interest rates. Located close to downtown Richmond, this rare rental opportunity is not to be missed.

Location

State VA

County Chesterfield

Area 52 - Chesterfield

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Exterior

Roof Type Composition

Building

Building Description Brick, Multi-Tenant,No Elevators

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick

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