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2602 Barton Ave
Richmond, VA 23222
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 4,292 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1924 |
| Zoning | R-6 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,292 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | R-6 |
ABOUT 2602 BARTON AVE , RICHMOND, VA 23222
Northside Multi-Family Investment Opportunity Located in Richmond’s Northside, this quad features traditional architecture from the 1920’s with brick construction. A large yard fronts the building along Barton Avenue and an equally sizable backyard is enclosed by detached garages that also convey. Each of the four apartments is two-bedroom/one bath units and runs the length of the building providing natural lighting from windows overlooking both the front and rear yards. All units also include outdoor living spaces on street-facing terraces and rear decks. The Northside rental market is quickly growing due to new construction and rising demand. Primed to take advantage of this growth, the currently below-market rental rates of this quad make this listing a great value add project in this emerging neighborhood. This listing is a great opportunity for investors willing to renovate to enhance the cash flow and bring the rental income to current market standards.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | N000-0642-007 | Improvements Assessment | $323,000 |
| Land Assessment | $110,000 | Total Assessment | $433,000 |
PROPERTY TAXES
