The Williamson

Single Family

2.5

1728

Sqft

2022

Details
Financials
Performance

$285,000

Purchase Price

$2,220

Rent / Mo

Refinance Candidate

Property Leverage

1803 1/2 North 28th Street, Richmond, VA 23223

About

The Williamson is a beautiful 3 bedroom, 2.5 bathroom single family residence in Richmond, VA. This home boasts an open floor concept with engineered hardwood floors, recessed lighting, and an abundance of natural light throughout. The updated kitchen has spectacular features like white cabinetry with dovetail features, a 9-foot peninsula with overhang, pot filler, and glass door cabinets, and ceramic tile floors. The spacious primary bedroom has french doors and a private, attached bathroom. The primary bedroom also features a massive walk-in closet and its own private 2nd story balcony.

Tenant Leasing Process

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Rented

Rental Status

This property is eligible to start receiving dividends after its first lease is signed.

The Market

Richmond, VA

Richmond is a vibrant and diverse city in the heart of Virginia. Its population of over 225,000 makes it the fourth most populous city in the state. Known for its stunning architecture, thriving economy, and rich cultural heritage, the city has become one of the most sought-after destinations for tourists and investors alike. Its thriving economy is driven by various industries, including finance, healthcare, education, government, and technology. Its rich history and vibrant culture can be experienced at its numerous museums, art galleries, and historical sites, including the Virginia Museum of Fine Arts, the American Civil War Museum, and the Edgar Allan Poe Museum. It's no wonder Virginia's capital has become one of the most desirable places to live, work, and invest in the United States.

Common Questions

How Arrived works

What returns can I expect

What to expect if my property is still seeking a tenant

Diversification

Investing horizon & liquidity

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