16 Bedroom, 7% cap rate building at VCU

1112 W Cary ST, Richmond, 23220

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Multi-Family | For Sale | $1,099,900 | 6,447 sqft

Rental Machine! Tenants pay heat making this an excellent invest with lower expenses than other comparable buildings. Six unit apartment building on corner of W Cary and Morris at VCU Monroe Park camp us. Great rental history. Total of 16 bedrooms. Four 3 bedroom 1 1/2 bath units. Two 2 bedroom 1 bath units. Each unit has central air, gas heat, dishwasher, washer and dryer. Historic building. Tenan ts pay all utilites except for cold water, sewer and trash removal. Tax abatement in place through 2015

Price Per Sqft: $171

Available: 02/21/2012

Listing ID: 259601


Listing URL: http://www.kerryriley.com

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