VA > Richmond > Chestnut Hills
Richmond, VA 23222,2304 5th AVE
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Richmond, VA 23222,2304 5th AVE
Richmond, VA 23222,2304 5th AVE
Richmond, VA 23222,2304 5th AVE
Richmond, VA 23222,2304 5th AVE
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Chris Jewell

Chris Jewell

+1(804) 937-2442
$ 385,000
Est. payment /mo
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Pending

2304 5th AVE Richmond, VA 23222

2,068 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,068 sqft

Price per Sqft $186

Subdivision Chestnut Hills

MLS Listing ID 2507066

Style Two Story

Construction Status Approximate

HOA Y/N No

Year Built 2007

Annual Tax Amount $2,868

Tax Year 2024

Lot Size 6,281 Sqft

Acres 0.1442

Property Sub-Type Duplex

Property Description

Located in Richmond's rapidly evolving North Highland Park neighborhood, 2304 5th Avenue presents a turnkey investment opportunity in a city with a strong local economy and growing job market. This duplex property features two fully leased 2-bedroom, 1-bathroom units, with a total income of $2,565 per month in rental income. Residents enjoy modernized interiors with central air, in-unit washer/dryer, dishwashers, and updated finishes. Tenants cover all utilities, including water, trash, and electricity, ensuring low owner expenses. Off-street parking in the rear adds to the property's appeal. With North Highland Park experiencing increased investment and revitalization, this asset benefits from the area's continued appreciation. Whether you're a seasoned investor or looking to expand your portfolio, 2304 5th Avenue offers stable cash flow in a city primed for sustained growth.

Location

State VA

County Richmond City

Community Chestnut Hills

Area 30 - Richmond

Rooms

Basement Crawl Space

Exterior

Roof Type Built-Up

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Aluminum Siding,Vinyl Siding,Wood Siding

Construction Status Approximate

Schools

Elementary Schools Overby-Sheppard

Middle Schools Henderson

High Schools John Marshall

Others

Tax ID N000-0611-005

Ownership Individuals

Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC
agent

Chris Jewell

REALTOR®, SRES, SRS | License ID: 0225057639

+1(804) 937-2442

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