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8-10 E Main St
Richmond, VA 23219
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Fully legal six-unit Downtown Richmond multifamily asset with one one-bedroom and five two-bedroom apartments, updated interiors, updated water heater
- Premier walkable location with parking — Walk Score 97 — steps from Downtown, VCU, VCU Medical Center, the Arts District, The Jefferson Hotel, The Com
- Rare short-term rental zoning approval for all six units, creating an uncommon barrier-to-entry investment opportunity with multiple income strategies
Property Facts
| No. Units | 6 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 7,182 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Building Class | C | Parking Ratio | 0.7/1,000 SF |
| Zoning | R-3 - RO-3 w/SUP for 6-unit Tourist Home (STR) – Flexible residential/office potential per zoning | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,182 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | R-3 - RO-3 w/SUP for 6-unit Tourist Home (STR) – Flexible residential/office potential per zoning |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Bay Window
- Kitchen
- Hardwood Floors
- Refrigerator
- Sprinkler System
- Range
- Tub/Shower
- Wi-Fi
- Breakfast Nook
- Coffee System
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
- Furnished Units Available
- Smoke Free
- Vintage Building
- Public Transportation
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 4 | - | - |
Property Taxes
| Parcel Number | W000-0082-020 | Improvements Assessment | $660,000 |
| Land Assessment | $355,000 | Total Assessment | $1,015,000 |
Property Taxes
Parcel Number
W000-0082-020
Land Assessment
$355,000
Improvements Assessment
$660,000
Total Assessment
$1,015,000
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