515 Catherine St, Richmond, VA 23220

Nestled in a prime location, 515 Catherine St offers incredible potential for savvy investors. This 3-bedroom, 1-bathroom property is the sister property to 513 Catherine St, with similar renovation potential to transform it into a 4-bedroom, 4-bathroom layout, maximizing rental income and market value. Currently rented for $2,196/month with no vacancies in 5 years, this property is a reliable income producer. While not as updated as its sister property, its charm and functionality make it a solid investment. With a spacious shared backyard, there’s ample room to expand the property or enhance parking—a feature already setting this home apart in the area. This is your chance to secure a valuable asset at an attractive price point. Investors can capitalize on the potential to increase rents significantly through thoughtful renovations, following the model of 513 Catherine St. Tenants require atleast 24 hours notice to show please