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Award Winning Mixed Use in Jackson Ward 311 N 2nd St 3 Unit Apartment Building $925,000 ($308,333/Unit) Richmond, VA 23219

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Investment Highlights

4 total units
One unit is currently an Airbnb

Perfect for owner occupant
Architectural gem

Executive Summary

311 North 2nd Street is an award winning mixed use in Jackson Ward. This award-winning architectural gem was renovated and occupied by renowned architect Two Street Studio for 10 years. The building features three residential units, two of which are unoccupied and the third is being used as an Airbnb with revenue as high as $4500/month.
The first-floor commercial office studio is bright and open with a kitchen and bathroom.
The upstairs units feature skylights and a roof deck. This opportunity is ideal for a commercial or live/work owner occupant. It’s also perfect for an investor or short-term rental operator. The first floor is pristine and would lease quickly for creative office or retail.
-2017 Golden Hammer
-2019 AIA Richmond Honor Award
-2021 AIA Virginia Honorable Mention for Design Excellence

311 North 2nd St (4.29.26)

Property Facts

Price	$925,000	Building Class	C
Price Per Unit	$308,333	Lot Size	0.04 AC
Sale Type	Investment or Owner User	Building Size	2,783 SF
No. Units	3	No. Stories	2
Property Type	Multifamily	Year Built	1920
Property Subtype	Apartment OfficeLoft Creative Space	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	B-4 - Central Business District

Price	$925,000
Price Per Unit	$308,333
Sale Type	Investment or Owner User
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment OfficeLoft Creative Space
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.04 AC
Building Size	2,783 SF
No. Stories	2
Year Built	1920
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-4 - Central Business District