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B3 Land with Residential or Business Income 7999 Fast Ln 4 Unit Apartment Building $1,089,014 CAD ($272,253 CAD/Unit) Mechanicsville, VA 23111

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INVESTMENT HIGHLIGHTS

  • Income-Producing Duplex for Residential and/or Business Use
  • Located at I-295 Mechanicsville exit
  • Zoned B3: Opportunity to Redevelop for Business Use

EXECUTIVE SUMMARY

2.43 Acres, up to 2.86 contiguous acres. There is a 2-Unit house on each lot, that can be rented for business or residential income, with dual access from Fast Lane in the front and rear and located at I-295. B3 Zoning allows for business uses or they can remain, as grandfathered, income-producing residential apt/office.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,089,014 CAD
Price Per Unit $272,253 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Single-Family Home
Building Class C
Lot Size 2.86 AC
Building Size 5,293 SF
No. Stories 2
Year Built 1960
Zoning B3 - B3 Zoning allows for a wide variety of commercial, retail, automotive, and service activities. Current SF/MF use is grandfathered.

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Crown Molding
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Yard
  • Basement
  • Breakfast Nook
  • Built-In Bookshelves
  • Den
  • Dining Room
  • Island Kitchen
  • Lawn
  • Patio
  • Large Bedrooms

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+3.5 2 $43,561 CAD 1,505 - 3,011
3+2 2 $28,948 CAD 1,141 - 2,282
  • Listing ID: 38372790

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 7999 Fast Ln, Mechanicsville, VA 23111

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