404 N 33rd Street, Richmond, VA 23223

Property Description

Discover a rare chance to own a well-performing investment property in one of Richmond's most desirable neighborhoods. Just one block from the beloved Chimborazo Park, this classic Church Hill duplex offers an unbeatable combination of location, charm, and steady income. Tenants love it here — and it shows. Dedicated off-street parking, a fenced backyard, and a quintessential Church Hill front porch have kept turnover remarkably low over the years. Both units feature original hardwood floors, tall ceilings, and an abundance of natural light that give the property its timeless appeal. The downstairs unit offers flexible living arrangements, with original pocket doors that can close off the front living room to create an additional bedroom — a versatile layout that appeals to a wide range of renters. Shared laundry is conveniently tucked under the stairs, and a common rear door and porch provide easy access to the spacious shared backyard. Best of all, with current leases extending through March and June of next year, you'll step into ownership with guaranteed rental income already in place. Walkable to Church Hill's best restaurants and shops, and just minutes from downtown Richmond and major highway access, this property delivers the kind of location that keeps great tenants and makes for a smart, lasting investment.