High-demand Rental Opportunity in Downtown Chatham, Va

Description

#7062-#70520

Prime Downtown Chatham Investment: Fully Rented Income Property

This property in downtown Chatham, Virginia, presents a prime investment opportunity amid a growing demand for rental spaces. With a limited availability of rental units in the area, properties like this are increasingly desirable. This well-maintained building comprises four apartment units and one commercial space, all fully rented, generating steady income.

The four apartments offer versatile options for renters: two units feature one bedroom and one bath each, while the remaining two units provide two bedrooms and one bath. Each apartment currently rents for $500 per month, ensuring a consistent revenue stream. Additionally, the commercial space—a beauty shop—rents for $400 monthly, enhancing the property’s investment potential.

This property offers an attractive setup for investors seeking passive income from a fully rented building. The downtown location adds appeal, catering to tenants looking for a convenient lifestyle with easy access to local shops, dining, and amenities. This is an ideal investment for those looking to enter or expand their rental portfolio in a high-demand area. Don’t miss this opportunity to secure a property with immediate income potential in the heart of Chatham.

$275,000.00 Call Today! 434-374-2011 Email: info@ucvirginiarealty.com