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1708 Mechanicsville Tpke
Richmond, VA 23223
Multifamily Property For Sale · 2 Units

Investment Highlights

  • Corner Lot.
  • Close to the City, and I-95 and I-64.

Executive Summary

*Richmond Best Buy*
We have a 2131 sq ft., 2-story Duplex, on a corner lot, on Mechanicsville turnpike ready for a new owner. This property has been previously renovated and rented for several years. The property has 4-bedrooms, 2-bathrooms, 2-kiitchens and a fenced in back yard with a detached shed. The property does need some cosmetics to get it back to rentable shape. Inspections welcome. Property is sold in as-is condition. If you are looking for an easy rental, on a busy street, in an up-and-coming area, then drive by 1708 Mechanicsville Turnpike today.

Property Facts

Price Per Unit $211,693 CAD
Sale Type Investment
Cap Rate 10%
Sale Condition Deferred Maintenance
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.17 AC
Building Size 2,131 SF
Average Occupancy 0%
No. Stories 2
Year Built/Renovated 1900/2021
Zoning R-5

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Hardwood Floors
  • Yard
  • Attic
  • Basement
  • Dining Room
  • Family Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $2,125 CAD 1,000 - 1,100

Property Taxes

Property Taxes

Parcel Number
E012-0279-017
Land Assessment
$52,624 CAD
Improvements Assessment
$271,652 CAD
Total Assessment
$324,275 CAD
  • Listing ID: 41133323

  • Date on Market: 2026-07-02

  • Last Updated:

  • Address: 1708 Mechanicsville Tpke, Richmond, VA 23223

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