3420 & 3422 S Street, Richmond, VA 23223

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Sold Price
$565,000
List Price
$599,000
Days on Market
10
Closing Date
Jan 15, 2025
MLS#
CVR-2431091
Status
CLOSED
Type
Multifamily
Style
Two Story
Year Built
1910
County
Richmond City
Region
10 - Richmond

Property Description

This investment property is primed for potential growth and profitability. Each unit features a spacious two-bedroom, one-bathroom floor plan, complemented by modern amenities such as central air and washer/dryer hookups. Updated kitchens and bathrooms enhance the appeal, while professional management and minor cosmetic upgrades could unlock higher rental income. The property also features a designated paved parking area at the rear, ensuring convenience for tenants. Situated in the thriving Church Hill neighborhood, which is experiencing a renaissance in redevelopment, this undervalued asset presents an exceptional opportunity for investors to capitalize on a growing market.

Additional Information

Acres
0.04
Living Area
2,952
Elementary School
Chimborazo
Middle School
Martin Luther King Jr.
High School
Armstrong
Roof
Flat
Basement
Crawl Space
Taxes
$2,268

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Calculator source: Real Geeks

Listing courtesy of One South Commercial LLC. Contact:

Selling Office: One South Commercial LLC.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .