Attention seasoned and novice investors. Welcome to 2114 Vandivere Rd and the perfect investment property for you. Investor Highlights include - Turnkey Duplex Total Monthly Rent: $2, 175 ($1, 050 + $1, 125) Annual Gross Rent: $26, 100 Annual Expenses (Taxes + Insurance only): $2, 100 Net Operating Income (NOI): $24, 000 Cap Rate: 10% Both units are tenant-occupied with consistent rent payments. Owner pays no utilities. Strong cash flow with minimal expenses makes this a high-performing investment opportunity in an affordable market.
Property Features
Bedrooms
Other Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Solid Surface Counters
- Window Features: Insulated Windows
Appliances
- Range
- Refrigerator
- Cooktop
- Dishwasher
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air, Heat Pump
- Heating: Yes
Exterior and Lot Features
- Patio And Porch Features: Patio
Land Info
- Lot Description: Level
- Lot Size Acres: 0.13
- Lot Size Square Feet: 5663
Garage and Parking
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Source Listing Status: Active Under Contract
- County: Richmond
- Directions: Take Highland Avenue to Walden Drive and then turn on Vandivere. Address is GPS friendly.
- Source Property Type: Residential
- Property Subtype: townhouse
- Parcel Number: 0564084000
- Property Subtype: Duplex
- Source System Name: C2C
Building and Construction
- Year Built: 1984
- Above Grade Finished Area: 1620
- Building Area Total: 1620
- Building Exterior Type: Vinyl Siding
- Construction Materials: Vinyl Siding
- Living Area Source: Public Records
- Property Age: 41
- Roof: Composition
Utilities
- Sewer: Public Sewer
- Water Source: Public
Home Features
- Security Features: Smoke Detector(s)