2007 Cedar Street, Richmond, VA 23223 (MLS # 2503124)
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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.
| DAYS ON MARKET | 35 | LAST UPDATED | 2/6/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 0 |
| COMMUNITY | 10 - Richmond | COUNTY | Richmond City |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Bellevue |
|---|---|
| Jr. High School | Martin Luther King Jr. |
| High School | Armstrong |
| ADDITIONAL DETAILS | |
| AREA | 10 - Richmond |
|---|---|
| LOT | 3311 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | None |
| TAXES | 720 |
| UTILITIES | Sewer Connected, Water Connected, Natural Gas Available, Phone Available, Electricity Available |
| WATER | Public |
| ZONING | R-63 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Samson Properties
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Last Updated: 3/12/25 2:33 PM PDT
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