1 of 16
Ferramentas
Size
6
Quartos
2,102 pé²
interior
0.08 Acres
Exterior
Financial
$460,000
Change Currency
$219
Price Per Sqft
$5,520
Annual taxes
Listing Details
Duplex Homes
Tipo de propriedade
1914
Ano de construção
12909318
Id da web
2422662
ID do MLS
13
Days Posted
Descrição
618 S Laurel Street,
Richmond,
VA
23220
Richmond, VA 23220
Fully leased Oregon Hill duplex! This pedestrian friendly neighborhood offers quick access to the main campus of VCU and the James River Park system. The property currently generates $3,600 / month with both leases good through June of 2025. Current rents are below market and could be raised if new owner is willing to renovate. Tenants pay all utilities on separately metered units. Plans have been submitted to the city for approval of an Accessory Dwelling Unit (ADU) to be built over a detached garage off the rear alley. Adding the ADU studio apartment and garage could generate an additional $1,500/month in rent. The ADU permitting and architectural drawings will convey with the sale. Proximity to VCU / MCV and downtown Richmond create exceptional demand and limited turnover with occasional vacancies quickly filled. Whether you seek a relatively passive cash flowing investment, or a project with plenty of potential to increase rents through renovations and/or the addition of an ADU, this Oregon Hill location is worth your consideration!
This is an Active listing.
Broker Office Phone Number: 804-288-2100
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: 804-288-2100
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.
Serviços
- Metal Roof
Histórico de preços
date | price | variance | type |
---|---|---|---|
9/4/2024 | $460,000 | - | Listados |
Listing By: Shaheen Ruth Martin & Fonville via Data Source: Central Virginia Regional Multiple Listing Service
agente de listagem: Michael Hanky