204 Welford Street, Richmond, VA 23222

Property Description

Enjoy a rare opportunity to own a fully brick fourplex in Southern Barton Heights, just minutes from Downtown Richmond and around the corner from Brookland Park Blvd with lots of new commercial development. Three of the four units have been completely renovated and are move-in ready for new tenants, making this an outstanding investment opportunity. Each spacious unit is separartly metered (water and power) and offers approximately 1,300 square feet with 3 bedrooms, 1 bathroom, and 10-foot ceilings. Recent renovations include new carpet and padding, fresh interior paint, and beautifully updated kitchens featuring leathered granite countertops, white shaker-style cabinetry, stainless steel appliances (including dishwashers), and stacked washer/dryer units. Each renovated unit also includes a generously sized rear deck. The thoughtfully designed floor plans feature large front living rooms, spacious bedrooms with ample closet space, and updated hall bathrooms with tile flooring, tub/shower combinations, and new vanities. With market rents for comparable units in the area around $1,750 per month, this property offers strong income potential. Additional capital improvements include a newer TPO roof and newer HVAC systems on two units. Opportunities like this are hard to find. Schedule your showing today and see the potential of this exceptional investment property for yourself.