Richmond, VA 23220 1112 Sumpter Street
$1,200,000



0 more

Presented By: Matt Smith with Weichert Brockwell & Associate.
Home Details
RVA 5 Property Turnkey Rental Portfolio For Sale.
Portfolio Overview
- Total Properties: 5 single-family homes
- Locations: 4 homes on Richmond’s Southside, 1 in Randolph near Maymont
- Bedrooms: Four 3-bedrooms, One 4-bedroom
- Monthly Rental Income: ~$8,000 (with potential for growth)
- Condition: Well-maintained, professionally managed
Appeal: Ideal for turnkey investors or flippers (minimal cosmetic updates needed)
Included Properties
- 1112 Sumpter St., Richmond, VA. 23220, 4-beds, 2-baths, 1577 sq ft., Rent: $2,099.00
- 5244 Germain Rd., Richmond, VA. 23224, 3-beds, 1-bath, 1020 sq ft., Rent: $1,350.00
- 606 W 49th St., Richmond, VA. 23225, 3-beds, 1-bath, 984 sq ft., Rent: $1,599.00
- 1100 Evergreen Ave., Richmond, VA. 23224, 3-beds, 1-bath, 1058 sq ft., Rent: $1,450.00
- 2036 Kimrod Rd., Richmond, VA. 23224, 3-beds, 1-bath, 1096 sq ft., Rent: $1,350.00
These homes are all tenant-occupied and generating consistent income. The seller notes that while some cosmetic wear is expected due to rentals, the homes are in good shape and could be sold retail with minimal effort once tenants cycle out.
Investment Highlights:
- Turnkey Ready: Immediate cash flow with existing tenants
- Flip Potential: Light cosmetic updates could yield retail resale
- Stable Income: ~$96,000 annually
- Growth Opportunity: Potential to raise rents or improve value
If you are ready to scale up your rental portfolio with quality, turnkey, rented properties, then take a look at these.
Presented By: Matt Smith with Weichert Brockwell & Associate.
Interior Features for 1112 Sumpter Street
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 1112 Sumpter Street
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesNoElevators, SingleTenant
Carport Y/NNo
CountyRichmond City
Full Baths
Garage Y/NNo
HOANo
HeatingHeatPump
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionL30 0040.00X0126.00, C008-0339-030, S005-3304-003, C006-0297-001, C008-0331-026
LevelsOne
Lot Size UnitsAcres
MLS Area10 - Richmond
MobileHomeRemainsYNNo
ModificationTimestamp2025-08-02T18:04:52.317-00:00
New ConstructionNo
OwnershipInvestment
PossessionCloseOfEscrow
PostalCityRichmond
Property Attached Y/NNo
Property ConditionGoodCondition
Property TypeCommercialSale
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count1
Tax Assessed Value0
Tax Lot30
TopographyLevel
Total Rooms6
Year Built2014
Year Built DetailsActual
Exterior for 1112 Sumpter Street
Building Area Total5500.0
Crops Included Y/NNo
Exterior AmenitiesOther
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres1.0
Lot Size Area1.0
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Boyd Smith
Broker Owner