SVN/Motleys is proud to present this historic triplex located at 3025 Q St., Richmond, VA 23223. This property is located in the Church Hill North National Historic Register District and thus is eligible for a State Rehabilitation Tax Credit, and if income producing, a Federal Rehabilitation Tax Credit as well. This triplex represents a significant value-add opportunity and sports a brick exterior, with a flat metal roof, and softwood finished floors. The property also includes central air, a fireplace and a small detached utility shed. All three units were previously rented for $1,500/month, $1,000/month and $800/month for a annual gross income of $39,600.
3025 Q Street is located in the Church Hill North National Historic Register District of Richmond, VA and thus is eligible for a State Rehabilitation Tax Credit, and if income producing, a Federal Rehabilitation Tax Credit as well. Church Hill North is a historic corridor of Richmond which is undergoing strong revitalization. This is a can't miss opportunity to acquire, not only a strong investment property in a booming neighborhood, but a historic piece of Richmond, VA.
