12
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$1,300,000
Est. payment /mo
5,262 SqFt
New
1422 Bainbridge ST Richmond, VA 23224
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,262 sqft
Price per Sqft $247
MLS Listing ID 2622047
Style Custom
Construction Status Actual
HOA Y/N No
Year Built 2024
Annual Tax Amount $11,520
Tax Year 2025
Lot Size 4,647 Sqft
Acres 0.1067
Property Sub-Type Quadruplex
Property Description
Built in 2024, 1422 Bainbridge is a beautifully built quadplex consisting of all 2 Bed/2 Bath units. With average rents sitting at $2,149/month plus an additional $90/month in utility reimbursements, the property gives investors a strong day 1 cash on cash return whether as a pure investment or a house hacking opportunity. The property contains natural wood flooring throughout, 9 foot ceilings with tons of natural light, off street parking, as well as three out of the four units having walk out balconies. At an average of 898 sq ft., these oversized units are well above the average size throughout Manchester.
Lastly, the property boasts incredible walkability in the heart of Manchester. Whether it's a walk across the street to the newly opened bakery, Le Petit Morceau or a 12 minute bike ride to downtown Richmond's new Costar headquarters, it is perfectly situated for the young professional demographic.
Lastly, the property boasts incredible walkability in the heart of Manchester. Whether it's a walk across the street to the newly opened bakery, Le Petit Morceau or a 12 minute bike ride to downtown Richmond's new Costar headquarters, it is perfectly situated for the young professional demographic.
Location
State VA
County Richmond City
Area 60 - Richmond
Exterior
Fence None
Roof Type Other
Garage No
Building
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Custom
Level or Stories Three Or More
Structure Type HardiPlank Type,Wood Siding
Construction Status Actual
Schools
Elementary Schools Blackwell
Middle Schools Dogwood
High Schools Armstrong
Others
Tax ID S000-0153-004
Ownership Individuals
Listed by Providence Hill Real Estate
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