Built in 2024, 1422 Bainbridge is a beautifully built quadplex consisting of all 2 Bed/2 Bath units. With average rents sitting at $2,149/month plus an additional $90/month in utility reimbursements, the property gives investors a strong day 1 cash on cash return whether as a pure investment or a house hacking opportunity. The property contains natural wood flooring throughout, 9 foot ceilings with tons of natural light, off street parking, as well as three out of the four units having walk out balconies. At an average of 898 sq ft., these oversized units are well above the average size throughout Manchester. Lastly, the property boasts incredible walkability in the heart of Manchester. Whether it's a walk across the street to the newly opened bakery, Le Petit Morceau or a 12 minute bike ride to downtown Richmond's new Costar headquarters, it is perfectly situated for the young professional demographic.
Listed By
Agency Name: Providence Hill Real Estate
Shown By
Agent Name: Brianna Williams
Agent Phone: (804) 873-0037 Cell
Agency Title: Joyner Fine Properties
Estimated Payment
$ 7,912.67 per month $6,573.51 Principal & Interest $960.00 Property Tax $379.17 Homeowner's Insurance
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1422 Bainbridge Street | MLS# 2622047
This multi-family property located at 1422 Bainbridge Street , Richmond, VA 23224 is currently listed for sale with an asking price of $1,300,000. Search Richmond real estate on briannawilliams.joynerfineproperties.com today.