2007 Cedar ST Active

Richmond,VA 23223

$ 400000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2503124

HOA Y/N No

Annual Tax Amount $720

Tax Year 2024

Lot Size 3,310 Sqft

Acres 0.076

Property Sub-Type Unimproved Land

Property Description

A prime development opportunity is located in the heart of Church Hill, RVA. This fully designed, approved and ready-to-build 5-unit multifamily offers a streamlined construction timeline and deal flow. Strategically positioned just steps from the popular Jefferson Park and an array of neighborhood amenities, the property is ideally situated to attract tenants in a high-demand rental market. With the convenience of off-street parking, future residents will appreciate the ease of access and enhanced lifestyle offerings. In addition to its exceptional location and regulatory approvals, the development is engineered to deliver strong income potential, with detailed rental projections available upon request that underscore its promise for robust cash flow and long-term value appreciation. Whether you are a seasoned real estate investor looking to expand your portfolio or a newcomer eager to seize a unique opportunity in one of Richmond's most dynamic neighborhoods, this multifamily deal presents a compelling combination of location, design, and financial upside. Please note that the image is an artist rendering of the final constructed building. Contact us today for more detailed information.

Location

State VA

County Richmond City

Area 10 - Richmond

Exterior

Utilities Available Natural Gas Available,Phone Available,Electricity Available

Building

Sewer Not Connected (nearby),Public Sewer

Water Not Connected (nearby),Public

Schools

Elementary Schools Bellevue

Middle Schools Martin Luther King Jr.

High Schools Armstrong

Others

Tax ID E000-0252-003

Ownership Corporate

Special Listing Condition Corporate Listing

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