5204 Castlewood Unit #E Road Chesterfield, VA $ 1,140,000
5204 Castlewood Unit #E Road
$ 1,140,000
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5204 Castlewood Unit #E Road

Chesterfield, VA, 23234
$ 1,140,000
Baths0.0 Sq 859

Monthly Estimate*

$ 7,577

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Studio

Commercial Property for sale in Chesterfield, VA

for $1,140,000. This 859 square foot building was built in 1968.

9-UNIT RENTAL CONDO PORTFOLIO - all in one complex. 5204E, 5232C, 5226D, 5222E, 5222F, 5210F, 5202C, 5208D, 5206E Castlewood Rd - 9-unit debt free rental condo portfolio in the popular Tree Top Condominium, N Chesterfield. Eight condos are 2bedroom/1bath units with identical floor plans and one is a 3 bedroom/1.1 baths unit. All units have great open floor plans, vaulted ceilings, and large balconies. Three units are currently vacant and six are tenant-occupied with leases available upon request. Tenants want to stay if possible. All 9 can be either sold as one package or split into two packages of 5 and 4. The condos will NOT be sold individually. Info sheet with PIDs, rents, improvements, etc is in the attachments and also available upon request. Units 5204E, 5222F & 5210F are vacant, have been just updated, and can be shown at any time. The rest are tenant-occupied, please do NOT disturb the tenants. Most of the units have updated HVACs, some have replacement vinyl windows, new kitchen, new or newer appliances, updated bathrooms and light fixtures. Truly a rare opportunity to own a large rental portfolio, all in one popular complex. The deficit of affordable rentals is growing and demand is increasing due to the low supply, high prices and interest rates. Located close to downtown Richmond, this rare rental opportunity is not to be missed!

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Commercial Active

Price

$ 1,140,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Year Built

1968

Town/City

Chesterfield

County/Region

Chesterfield

MLS | Web ID

2411219

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession CloseOfEscrow Negotiable
Roof Composition
Construction Materials Brick
Year Built 1968
Stories 1
Topography Level Rolling
Levels One
Percent Ownership Investment
County Chesterfield
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features MultiTenant
Total Rooms 4
Status Active
View Y/N N
Senior Community Y/N N
MLS Area 52 - Chesterfield
Waterfront Y/N N
Carport Y/N N
Street Name Castlewood Unit #E
Property Attached Y/N N
Year Built Details Actual
Land Lease Y/N N
Home Warranty Y/N N
Property Condition GoodCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 17
Standard Status Active
Tax Assessed Value 0
Tax Lot 1
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Exterior
Water Source Public
Lot Size Area 0.0
Spa N
Building Area Total 859.0
Lot Size Acres 0.0
Lot Size Units Acres
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Zhanna Shuparska

Listing Agent

Joyner Fine Properties

Broker

zhanna.shuparska@joynerfineproperties.com

Email

Affordability Calculator

$7,577
Per Month
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0%
Monthly Principal & Interest
$7,577
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$1,140,000 Listed Price

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5204 Castlewood Unit #E Road, Chesterfield, VA, 23234 is a Commercial Property for sale at $1,140,000 with 859 sqft. 5204 Castlewood Unit #E Road is a studio with 0.0 baths and was built in 1968. The property's zip code is 23234 which is in Chesterfield, VA