1422 Bainbridge Street, Richmond, VA 23224

Property Description

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.