Multi-Family•Mid-Rise•For Sale

Churchill Multi-Family Redevelopment Opportunity

908-918 N 33rd St, Richmond, Virginia 23223

Sale Price $740,000
Zoning R6
Bldg Type Multi-Tenant
Class C
Year Built 1900
Year Renovated 1980
Stories 1
Vacancy 50%
Gross Bldg 2,880 SqFt
Land Area .26 Acres
Ceiling Height 8.0 Ft
Project Size 6
Improvements Level lot next to new construction of 6 units on the corner of P St and 33rd St.
Market Churchill
Sub-Market East End
This property has individual addresses, utilities and can be sold separately as attached single-family properties. The lot is deep and will allow for increased square footage by adding 1-2 stories and doubling the footprint and adding decks, patios, driveway. Northeast of Churchill proper, eastern Churchill is experiencing revitalization with new home construction on infill lots and renovations. The Nine Mile Road corridor has several major construction projects taking place, while the 25th St. business corridor revitalization efforts, including luxury condos priced over $500,000.
  • - 6 Unit Redevelopment Opportunity
  • - Existing Short-Term Cashflow
  • - Increase square footage to 2200sf/unit
  • - Surrounded by newly constructed homes
  • - USA Today rates Churchill in the Top 10 Up and Coming Neighborhoods in America

1 Attachments

Sale Brochure

11/30/2018 3:23:24 PM 12/2/2018 9:32:11 PM


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