2115 Phaup Street

Richmond, VA 23223
$989,000
Outstanding opportunity to acquire an investor friendly 9-unit multifamily asset with stabilized rental income and an appraisal-supported cap rate of approximately 8.5% and current seller-provided operating figures close to a 9.5% cap rate. With average rent at $1200 per unit this investment opportunity is strong and reliable. The two-story brickRead MoreRead Less
Courtesy of Hometown Realty 804-335-1414
Listing Snapshot
Days Online
2
Last Updated
Property Type
MultiFamily
Lot Size
0.27 Acres
Year Built
1950
MLS Number
2614044
30 Days Snapshot Of 23223
$406k
0%
(avg) sold price
54
+3%
homes sold
21
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: Brick, Drywall
Income
Gross Income: $132,022
Lot
Parcel Number: E012-0259-008
Parking
Parking Features: OffStreet, OnStreet
Property
Property Sub Type: MultiFamily
Taxes
Tax Annual Amount: $7,332, Tax Assessed Value: $611,000, Tax Legal Description: WOODVILLE L6-8 B22 0089.84X0129.79 0000.000, Tax Lot: 6, Tax Year: 2025
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Kevin Currie
Real Estate Agent
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