Richmond, VA 23223,620 N 32nd ST
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Richmond, VA 23223,620 N 32nd ST
Richmond, VA 23223,620 N 32nd ST
Richmond, VA 23223,620 N 32nd ST
Richmond, VA 23223,620 N 32nd ST
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Emily Carter

Emily Carter

Jim & Pat Carter Real Estate, Inc.

+1(804) 436-4949
$ 1,050,000
Est. payment /mo
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620 N 32nd ST Richmond, VA 23223

2,700 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $388

MLS Listing ID 2525788

Style Two Story

Construction Status Actual

HOA Y/N No

Year Built 1925

Annual Tax Amount $5,712

Tax Year 2025

Lot Size 2,752 Sqft

Acres 0.0632

Property Sub-Type Quadruplex

Property Description

Exceptional investment opportunity in Richmond offering $96,000 gross annual income! This fully renovated 4-unit property is not only turnkey, but also delivers the highest rental rate per unit among all quadplex sales in the Downtown Richmond area. With long-term tenants in place and quality upgrades throughout, this asset offers immediate cash flow and minimal ongoing responsibilities.

Each unit is on a 3-year lease generating a combined annual gross rent of $96,000—a strong return with no property management needed and virtually zero maintenance. Whether you're a seasoned investor or looking to enter the multifamily market, this property offers stability, performance, and peace of mind—all with top-tier rental income already secured. 618 N 32nd Also for sale with identical offering and prefered to sell together. Also offered with the sale is 3108 E Leigh St Rear for parking with the ability to add paid parking for neighboring tenants!

Location

State VA

County Richmond City

Area 10 - Richmond

Rooms

Basement Crawl Space

Interior

Interior Features Bedroom on Main Level, Granite Counters, High Ceilings, Kitchen Island, Main Level Primary, Recessed Lighting

Appliance Electric Water Heater

Laundry Washer Hookup

Exterior

Fence Back Yard, Fenced

Community Features Common Grounds/Area, Park

Roof Type Flat,Slate

Porch Balcony, Deck

Garage No

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Brick,Drywall,Frame

Construction Status Actual

Schools

Elementary Schools Chimborazo

Middle Schools Martin Luther King Jr.

High Schools Armstrong

Others

Tax ID E000-0728-002

Ownership Corporate

Special Listing Condition Corporate Listing


Central Virginia Regional MLS (CVR MLS)
Listed by EXP Realty LLC

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Emily Carter

Emily Carter

+1(804) 436-4949

Broker | Unknown0225024367

Broker Unknown0225024367

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