Richmond VA Real Estate & Commercial for Sale

INVESTOR PACKAGE DEAL - condos are NOT sold individually. 5204E, 5232C, 5226D, 5222E, 5222F, 5210F, 5202C, 5208D, 5206E Castlewood Rd - 9-unit debt free rental condo portfolio in the popular Tree Top Condominium, North Chesterfield. Eight condos are 2bedroom/1bath units with identical floor plans and one is a 3 bedroom/1.1 baths unit. All of the units are on top level with great open floor plans, vaulted ceilings, and large balconies. Three units are currently vacant and six are tenant-occupied with leases available upon request. Tenants want to stay if possible. All 9 can be either sold as one package or split into two packages of 5 and 4. The condos will NOT be sold individually. FAQ sheet is in the attachments and also available upon request. Units 5204E, 5222F & 5210F are vacant, have been just updated, and can be shown at any time. The rest are tenant-occupied, please do NOT disturb the tenants. Most of the units have updated HVACs, some have replacement vinyl windows, new or newer appliances, updated bathrooms and light fixtures. Rare opportunity to own a large rental portfolio, all in one popular neighborhood. The deficit of affordable rentals is growing and demand is increasing due to the low supply, record high prices, and interest rates. Located close to downtown Richmond, this rare rental opportunity is not to be missed!

Industrial Land designated for light and heavy manufacturing, woodworking shops, repair shops, and wholesale service and storage facilities. Offices, hotels, and most retail uses are also allowed. Churches and other places of worship are permitted as-of-right, while certain community facilities, like hospitals, require special use permits. See the Richmond 300 Plan. https://www.rva.gov/planning-development-review/master-plan for future land use designations and Richmond Zoning for current allowed uses: https://library.municode.com/va/richmond/codes/code_of_ordinances?nodeId=CH30ZO and

7.16 Acres & 340' Road Frontage - Zoned C2 Commercial - Retail - Medical & Dental Offices, etc.