111 N Foushee St - Apartments FOR SALE


Richmond, VA 23220- Monroe Ward
$1,375,000 USD
804-307-4060
111 N Foushee St, Richmond, VA for Sale
$1,375,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

111 N Foushee St
Richmond, VA 23220
Monroe Ward


HIGHLIGHTS

  • Superior location - Monroe Ward
  • Rare, historic built-as six (6) unit
  • Renovated apartments with rent upside

OVERVIEW

One South Commercial is pleased to present the exclusive listing for 111 N Foushee Street, a beautifully restored historic apartment building in the heart of Monroe Ward. This charming property features six fully renovated one-bedroom, one-bathroom apartments, each thoughtfully updated with modern kitchens, stylish new bathrooms, and in-unit washer/dryers. Residents benefit from abundant natural light streaming in from three sides of the building, creating bright and inviting living spaces. Monroe Ward is one of Richmond’s most vibrant and walkable neighborhoods, offering an ideal blend of historic charm and urban convenience. Just steps from trendy coffee shops, acclaimed restaurants, and cultural hotspots, residents can enjoy Urban Hang Suite, Lift Coffee Shop, and Maple & Pine for a morning pick-me up, or catch a show at the iconic National Theater. The neighborhood is also home to the Virginia Rep Theatre and the Institute for Contemporary Art, providing endless entertainment options. Additionally, 111 N Foushee Street is just a short walk from the GRTC Pulse, Richmond’s rapid transit bus system, making commuting across the city effortless. With below-market rents, this property presents an exceptional value-add opportunity for investors looking to capitalize on rental upside potential in a prime location.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

6

PRICE/UNIT

$229,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

B4

APN/PARCEL ID

W000-0083-024

ASK ABOUT THIS PROPERTY

Justin SleddOne South CommercialMore Info
804-307-4060

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Justin SleddOne South CommercialMore Info
804-307-4060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.