Property Description

Rare turnkey triplex opportunity on Chimborazo Boulevard in Richmond's sought-after Church Hill neighborhood! Offering an impressive 3,487 square feet and three updated apartments including a 1-bedroom, 2-bedroom, and 3-bedroom. This property combines historic Richmond character, modern updates, iconic location and strong income potential. Current rents total $4,825 per month / $57,900 annually, providing immediate rental income. The classic exterior makes a memorable first impression with inviting porches on front and back. Inside, all three apartments offer bright, comfortable living spaces with updated finishes and abundant natural light. Updated kitchens in all apartments feature white cabinetry, granite countertops, stainless steel appliances, and generous storage, complemented by updated baths and attractive flooring. Each apartment also features its own heat-pump HVAC system and in-unit laundry. The property's unique 1BR, 2BR and 3BR configuration provides excellent rental versatility while diversifying the tenant mix. The 2BR and 3BR apartments are currently leased, while the 1BR is month-to-month, providing additional future flexibility subject to the existing tenancy and applicable lease terms. Multiple covered porches and balconies provide additional outdoor living space and add to the property's distinctive Church Hill character. The location completes the package, with Chimborazo Park, neighborhood restaurants, bakeries, parks, and local favorites nearby. With three updated apartments, 3,487 square feet, $57,900 in current annual rents, individual HVAC systems, in-unit laundry, and multiple outdoor spaces, 620 Chimborazo offers a compelling combination of income, scale, character, and location. Schedule your private showing today.

Property Features

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