$699,000

Whether you are growing your existing rental portfolio or waiting for the perfect property to start investing, this DUPLEX is not to be missed! LOCATION, LOCATION, LOCATION! This sophisticated property feels like quintessential Richmond and will be appreciated by even the most discerning eye. This classic brick and slate Colonial, seamlessly blends into its prime Area 20 neighborhood,and enters the market with updates and upgrades, not to mention fully occupied with leases ready to convey! A fabulous Cutshaw block, located between Commonwealth and Shenandoah, offers a mix of exquisite single-family residences and only a handful of special multi-family properties. Two pristine units, each 2 bedrooms and 1 full bath, offer updated kitchens, hardwood flooring in formal rooms and bedrooms, spacious living rooms and formal dining space, private side porches, fenced backyard with off street parking, basement storage, complete with separate washers/dryers for each unit. Both units offer an IDEAL floor plan allowing separation between bedrooms and living/dining space, while original moldings and trim have been preserved throughout, creating the warmth of a private residence circa 1940. Merely two blocks off Monument, walking distance from Scott’s Addition and Willow Lawn, this coveted Malvern Gardens location gives tenants a plethora of dining, shopping and entertainment options at arm's length. Built as a duplex with separate electric/ gas meters, tenants pay their respective utilities, making this truly a dream come true investment property. If you desire to make sound long-term investments, prefer fully leased income producing properties, favor responsible and caring tenants, and seek professional property management already in place, then 4412 Cutshaw is your answer.