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Investor alert! Unlock the potential of this rare multi-family investment property featuring 5 separate units across 3 buildings situated on a corner lot just minutes from downtown, the medical district and Paine College. With a total of 3,160 sq. ft., stucco exteriors and durable metal roofs, this well-maintained property is ideal for the savvy investor seeking both immediate cash flow and long-term appreciation. Three of the five units are currently rented to stable tenants, providing a steady gross rental income of 2,215 from day one. The remaining two units are vacant. One unit is rent ready with a projected 750 a month in additional income. The fifth unit will need just a little TLC to position it for its maximum income potential. Whether you're expanding your current real estate portfolio or just starting your investment journey, this property offers versatility, location and income Opportunities like this don't come along very often and you won't want to miss out on this!
DAYS ON MARKET | 27 | LAST UPDATED | 8/17/2025 |
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TRACT | None-3ri | YEAR BUILT | 1926 |
COMMUNITY | Richmond (3RI) | COUNTY | Richmond |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
Elementary School | Monte Sano |
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Jr. High School | A R Johnson H.S.E. |
High School | Richmond Academy |
ADDITIONAL DETAILS | |
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Richmond (3RI) |
LOT | 10454 sq ft |
LOT DIMENSIONS | 0.0 |
SEWER | Public Sewer |
SUBDIVISION | None-3ri |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Auben Realty, LLC
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Last Updated: 9/12/25 1:19 AM PDT
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