More property info for 321 S Laurel St
- DON’T MISS THIS HIDDEN JEWEL. 2 Story 3 BED, 2 Bath, 1, 264 SF Home with off-street parking. IN PARENT POPULAR NEIGHBORHOOD OF OREGON HILL. Three Short Block walk to VCU Main Campus.
Property has an outstanding CAP Rate Above 6. Leases are fully protected in this property which houses three students, each with their own lease covering full property rent and co-signed / guaranteed by the occupants parents. See docs for sample lease prototype. Whether buying as an investment or as student housing for one's own son or daughter, this property is and ideal investment with a captive audience of high quality tenants.
Great Investment Property in an area where homes rarely come available. Zero Vacancy Rate for past decade. Student leases with full security deposits, Parental co-sign and guarantees. In-Area Maintenance Man. Property Very Well Maintained. $1, 875 / month current rent. Cash Flow Positive. New 30-year roof installed in 2020. Seller provided Full 1 Year Home Warranty. THIS IS A MUST SEE WHICH WON’T LAST LONG. A RARE FIND SELDOM AVAILABLE IN RICHMOND’S OREGON HILL.
- Above Grade Fin SQFT: 1264
- Architectural Style: Traditional
- Bathrooms Full: 2
- Interior Features: Entry Level Bedroom, Floor Plan - Traditional, Kitch
- Levels Count: 2
- Room Count: 7
- Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1,
- Lot Features: Front Yard, Level, Rear Yard
- Lot Size Acres: 0.05
- Lot SQFT: 2175.00
- Navigable Water YN: No
- Water Access YN: No
- Water Oriented YN: No
- Waterfront YN: No
- School District Name: RICHMOND CITY PUBLIC SCHOOLS
- Cooling Fuel: Natural Gas
- Cooling Type: Central A/C
- Heating Fuel: Natural Gas
- Heating Type: Forced Air
- Hot Water: Natural Gas
- Sewer Septic: Public Sewer
- Water Source: Public
- List Agent Full Name: Gerard W Kennedy
- List Office Name: Federa, Inc.
- List Office Phone: 8665818268
321 S Laurel St Map Location
Listing courtesy of Federa, Inc.
Information obtained from Bright MLS is current as of 4/18/2024 6:54 PM.