Richmond, VA 23222 401 E Brookland Park Boulevard
$2,500,000



42 more











































Presented By: Phillip Hughes with River City Elite Properties.
Home Details
Exceptional Investment Opportunity – 26-Unit Multifamily Property! Discover the potential of this all-brick multifamily complex, featuring 26 units comprised of 18 spacious 2-bedroom, 1-bath apartments and 8 efficient 1-bath studio units. Six units have been recently renovated and are rent-ready—perfect for immediate cash flow! With newer vinyl windows and a durable brick exterior, this property offers low-maintenance ownership and long-term value. Market rents are strong, with efficiency units projected at $1,000/month and 2-bedroom units at $1,200/month, giving this property significant upside potential. Current monthly rental income stands at $14,572, leaving plenty of room to increase revenue as more units are updated and leased at market rates. Don’t miss your chance to invest in a high-potential asset with solid fundamentals and room to grow. Contact us today to schedule your private tour!
Presented By: Phillip Hughes with River City Elite Properties.
Interior Features for 401 E Brookland Park Boulevard
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
General for 401 E Brookland Park Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesMultiTenant, NoElevators
Cap Rate6.5
Carport Y/NNo
CountyRichmond City
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size UnitsAcres
MLS Area30 - Richmond
MobileHomeRemainsYNNo
New ConstructionNo
OwnershipInvestment
PossessionCloseOfEscrow
Possible UseMultiFamily
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Tax Assessed Value0
Waterfront Y/NNo
Year Built1967
Year Built DetailsActual
Exterior for 401 E Brookland Park Boulevard
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.0
Lot Size Area1.0
Open Parking Y/NNo
SpaNo
Additional Details
Price History

Catherine Curran
Associate