1200-1206 Hull Street, Richmond, VA 23224

Property Description

Receivership Auction to be held on Dec 9th at 11am at Westin Richmond. Price shown is tax assessment. Bid your price at auction. 10 Renovated Apartments & 3,043 sf Commercial in Manchester. Originally built c.1892, the property was completely renovated around 2018 and is now comprised of a +/-3,043 square feet of “storefront” commercial space currently occupied by a breakfast-lunch spot, plus 10 one bedroom/one bath apartments. It has a +/-1,600 square foot patio at the corner of 12th Street with nine surface parking spaces behind. Two-story, +/-9,571 square feet of building area with (10) Residential one bedroom/one bath units, (7) 2nd Floor units; (3) 1st floor. High-end finishes including washer/dryers plus granite countertops and stainless appliances in kitchens. Consistent, high occupancy. Zoned B-5, permitting up to five stories, an array of commercial uses plus multifamily with NO parking requirement. This provides intriguing UPSIDE POTENTIAL by developing the +/-41x130 corner patio/parking parcel! Develop new-construction multifamily over first floor commercial! Seller will not accept an offer to purchase prior to the scheduled auction. Tranzon Key VAAF423