About 316 31st Street
Fully leased four-plex in Richmond's NE Richmond submarket, directly across from a community park. Built in 1927, the 3,502 sq. ft. building sits on a 5,000 sq. ft. lot, and each of the four units offers its own private outdoor space, a rare amenity for a multi-unit building. Unit 316 (2BR/1BA) and Unit 322 (1BR/1BA) each include an attached garage. Unit 320 (2BR/1.5BA) offers a bonus den and an attached garage. Unit 318 (3BR/2BA) offers 2 full baths and a large storage room in place of a garage. The roof is newer. All four units are currently occupied, generating $90,804 in gross annual rent. A stable, income-producing asset in one of Richmond's established rental submarkets. Buyer to independently verify all information. Tenant-occupied. Do not disturb; showings by appointment only.
