Richmond, VA 23222 1002 Althea Parkway
$905,000



Presented By: Matt Smith with Weichert Brockwell & Associate.
Home Details
*RVA 4 Property Rental Portfolio For Sale*
Investors- This portfolio consists of 4 single family homes, with of them being 3-bedrooms with 1 or 1.5-baths. These units are all rented. Currently these units bring in over $5.500.00 per month, with room to grow. All of these homes are in good condition, well maintained and managed well. If you are looking for a Turnkey Rental Portfolio, then this might be it. But if you are looking to Flip, then these also have some appeal. While most of these need cosmetic fixes due to renting, there is very little needed to sell them Retail, you just need to cycle through the existing tenants. Check the Comps. Sale includes the following properties: 1002 Althea PKWY., 1603 Lyndover Rd., 1703 Parlow Dr., 1906 McDonald Rd..
Presented By: Matt Smith with Weichert Brockwell & Associate.
Interior Features for 1002 Althea Parkway
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area904.0
Air Conditioning Y/NYes
BasementCrawlSpace
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
FlooringLinoleum, PartiallyCarpeted
Heating Y/NYes
Total Stories1
General for 1002 Althea Parkway
Additional Parcels Y/NNo
AppliancesElectricWaterHeater
Architectural StyleBungalow, Cottage, Ranch
Attached Garage No
Carport Y/NNo
Construction MaterialsAluminumSiding, Frame, VinylSiding
CoolingHeatPump
CountyRichmond City
DirectionsTake 1st Ave in the City to Althea PKWY, home is at the end of the Cul de sac.
Elementary SchoolOverby-Sheppard
Full Baths1
Garage Y/NNo
HOANo
HeatingElectric, HeatPump
High SchoolThomas Jefferson
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionALTHEA PKWY L8 BD 0045.00X0129.75 0000.000
LevelsOne
Lot Size UnitsAcres
MLS Area30 - Richmond
Middle/Junior High SchoolHenderson
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-13T20:26:11.707-00:00
New ConstructionNo
Occupancy TypeTenant
OwnershipIndividuals
Ownership TypeSoleProprietor
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityRichmond
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameNone
Tax Annual Amount1344.0
Tax Assessed Value152000
Tax Lot8
Tax Year2024
Total Rooms5
Year Built1960
Year Built DetailsActual
Zoning DescriptionR-6
Exterior for 1002 Althea Parkway
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.134
Lot Size Area0.134
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Thomas Jefferson High School
Middle School
Henderson Middle School
Elementary School
Overby-Sheppard Elementary School

Lori Valente
Associate