Land contract
Land Contract Deal · Single Family · Richmond, VA
411 E Franklin St, Richmond, VA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths2 / 4
Living area1,656 sqft
Lot0.36 acres
Year built1994
About this deal
Contract-for-deed opportunity in Richmond, VA. Single Family with 3 beds and 2.0 baths, 1,936 sq ft, built 1936. Price $295,000. Buyer takes possession immediately; seller holds title until paid. Great for investors and owner-occupants who prefer installment purchases.
The numbers
- Cap rate
- 8.9%
- Net operating income
- $12,648/yr
- Cash flow
- +$1,054/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.