*VCU Investors*
Perfect College Location. Welcome to 821 W Marshall St.. This 4-bedroom, all brick, attached Home has 4-bedroom and a nice sized office space, there is a living and dining area and 2-full baths. This property is all-electric. The property was renovated in 2010-2011 and has been on a college rental schedule since then. This property has had over 10+ years of non-stop rentals with no-vacancies. The property is currently rented at $2400.00 per month, with the tenants paying all utilities, and a lease that ends in July 2025. While the property was expertly renovated in 2011, and kept up very well over the years, the property still needs some TLC to achieve full market rents of around $3000.00 per month. This property is 1 block off of W Broad Street, 2 blocks from N Belvidere, and about 2 blocks from The Siegel Center and VCU. This location has proven to be high demand due to location and size. The property is being sold Under Tax Value ($371,000.00), being sold in as is condition, and with the current tenants.
