318 W Broad St 2 Unit Apartment Building $1,010,000 ($505,000/Unit) Richmond, VA 23220
EXECUTIVE SUMMARY
6,816 SF, 3 unit investment Zoned B-4 mixed use. Excellent VCU area and business location. 100% occupancy with strong rental history. Recent rent escalation on commercial lease. Well-maintained with capital building upgrades
PROPERTY FACTS
| Price | $1,010,000 |
| Price Per Unit | $505,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,816 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Parking Ratio | 0.44/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
1 of 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | N000-0180-027 | Improvements Assessment | $424,000 |
| Land Assessment | $388,000 | Total Assessment | $812,000 |
ZONING
| Zoning Code | B-4 |
