331-333 Oliver Hill Way
Richmond, VA 23219
Cigar Lofts · Multifamily Property For Sale
·
24 Units
Property Facts
| No. Units | 24 | Building Size | 25,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | B | Parking Ratio | 2/1,000 SF |
| Lot Size | 0.26 AC | ||
| Zoning | M-1 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 25,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1910 |
| Parking Ratio | 2/1,000 SF |
| Zoning | M-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Ceiling Fans
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Views
- Carpet
- Patio
- Skylights
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- Controlled Access
- Fitness Center
- Property Manager on Site
- Gated
- Elevator
- Maintenance on site
About 331-333 OLIVER HILL WAY , RICHMOND, VA 23219
Seventeenth Street Lofts presents prospective buyers a fully occupied Opportunity Zone investment with dedicated on site parking and an opportunity to substantially increase net operating income by charging for parking, billing back residents for utility usage, and streamlining operating expenses. PHYSICAL SUMMARY Completely redeveloped in 2003 using Historic Tax Credits 21 on-site parking spaces Elevator serviced Type IV Construction (masonry exterior with heavy timber interior structural members) PVC waste, copper domestic water supply Total Floor Area 25,000 SF Ground floor on slab: 5 apartments First floor: 5 apartments Second floor: 4 apartments Third floor: 5 apartments Fourth floor: 5 apartments Fully sprinklered, smoke detectors in units and corridors Units individually metered for electricity Units conditioned by individual split system heat/AC Unit amenities Washer/dryer/dishwasher Granite countertops, stainless appliances Original concrete and maple floors Abundant natural light from large picture windows Note: 1% co-broker fee on this listing
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 599 - 663 |
| 1+1 | 16 | - | 620 |
| 2+2 | 4 | - | 938 - 1,086 |
Property Taxes
| Parcel Number | E000-0185-034 | Improvements Assessment | $3,069,000 |
| Land Assessment | $569,000 | Total Assessment | $3,638,000 |
Property Taxes
