4
See all 4 photos
$400,000
Est. payment /mo
3,310 Sqft Lot
Active
2007 Cedar ST Richmond, VA 23223
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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
Listed by Samson Properties