1 of 3
Tools
Size
6
Bedrooms
2
Full Baths
1,504 Sq Ft.
interior
0.03 Acres
Exterior
Financial
$325,000
Change Currency
$216
Price Per Sqft
$2,676
Annual taxes
Listing Details
Single Family
Property type
1910
Year Built
12317736
Web Id
2417952
MLS ID
68
Days Posted
Description
2303 Venable Street,
Richmond,
VA
23223
Richmond, VA 23223
This property is eligible for conventional financing with an attractive 3% interest rate and requires a credit score as low as 620. Step into a piece of history revitalized for modern living with this meticulously renovated historic home, transformed into a thriving PadSplit residence in 2022. Nestled in a prime location along a busline with friendly neighbors and close proximity to parks and grocery stores, this property combines timeless charm with practicality. Boasting 6 bedrooms of varying sizes, each equipped with smart locks for secure and convenient access, it currently generates a robust net monthly income exceeding $3,000. Two full bathrooms, built with durable roofing materials, cater to communal living needs, complemented by a communal outdoor patio. Updated with a new roof in 2015 and essential HVAC, electrical, and plumbing upgrades in 2015/2016, the property ensures minimal maintenance and longevity. Originally intended for student rentals, it has achieved remarkable occupancy rates with only 6 turnovers in its inaugural year, offering stability with tenants able to give one week's notice to vacate. Beyond its current use as a PadSplit, the property offers flexibility as it can also function as a traditional single-family residence, with the PadSplit lease terminable upon one month's notice. Detailed financials and lease agreements are available upon request, making this an ideal investment opportunity or comfortable residence with income potential in a sought-after locale.
This is an Active listing.
Broker Office Phone Number: 804-729-5188
Copyright © 2024Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 804-729-5188
Copyright © 2024Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Wood Floors
- Rubber Roof
- Metal Roof
- Garage
Price History
date | price | variance | type |
---|---|---|---|
9/12/2024 | $325,000 | 7.14 % | decreased |
7/11/2024 | $350,000 | - | Listed |
Listing By: EXP Realty LLC via Data Source: Central Virginia Regional Multiple Listing Service
listing agent: Eric Walker