Location, location just east of Carytown & the Boulevard in the Fan district 1 block south of Cary. Total of 6 apartments each having 2 Bedrooms, Full Bath and kitchen with eating area, laundry plus an open gathering area for relaxing. Two apartment units on each of 3 floors. The second floor has balcony for city views and fresh air completed with composite decking. Terrific investor opportunity with great commuter easy access to VAFA Museum and University, GRTC Pulse, nearby Byrd Park & the Lamplighter, coffee shops plus a community garden which are located basically across the street. This BRICK Estate property has not been utilized to its full maximum potential in my opinion for several years and, appears to be very well maintained operationally. Four of the units have long term tenants for many years at below current lease value. Each apartment individual square footage will be up to the buyer to verify as what I visually observed differs from current tax records. All units have individual gas & electric meters centrally located in the basement & each apartment has window AC units. Street facing and alley offer plenty of parking. We would like to show the 2 vacant 3rd floor units only during the first showings as to not disturb the wonderful tenants during the holidays .
Corner located building along Lombardy Street and corner of Brook Road, within an area of high development, great access and possible location for redevelopment. The parcel is zoned B-3 and is 3 minutes from I-64 and I-95, across from Virginia Union University, and 5 minutes from VCU campus.
Single-Family Home or Duplex Building Site behind the Seigle Center in Carver, Located one mile to VCU classes and dozens of restaurants and other businesses. The lot is one story below grade, to accompany a basement or parking beneath and at least 2 stories above grade.
Corner, Signalized Intersection on W Broad St, well positioned at national retail chains and the corner of W Broad St and Belvidere St, the "Gateway to Richmond", with VCU, Institute for Contemporary Art and the CoStar Center for Arts and Innovation, currently under construction, a 213,000-square-foot multidisciplinary complex on a 1-acre site at the intersection of Richmondâs Broad and Belvidere streets. Interstate/mass-transit access for this 9,600 SF 2-Story Mixed-Use Brick Building with full basement, in a pedestrian-oriented nexus for the Rapid Transit connecting downtown, MCV, Short Pump, with plans to connect to all of Metro Richmond. The building was renovated in 2015 with commercial space and a working commercial kitchen on the 1st level and 2 large apartments on the 2nd floor. The basement has electrical and plumbing. The building will be vacated upon sale.
Rare investment opportunity in the heart of Richmond’s Monroe Ward neighborhood: a meticulously renovated historic 1800s era building featuring five (5) luxurious short-term rental units. Located at 18 W Franklin St, just east of the VCU campus, this elegant 3 story building seamlessly blends timeless architectural charm with modern sophistication and convenience, offering guests an unparalleled experience. Each unit boasts high-end finishes throughout, including new kitchens, spa-like bathrooms, and designer furnishings, ensuring a stay that epitomizes comfort and style. This immaculate renovation preserves the building’s historic character while incorporating contemporary amenities, making it a standout choice for discerning travelers. With an excellent rental history and the ability to command top dollar rents, this property is a proven income generator. Its prime location near Richmond’s storied Jefferson Hotel and next to the Downtown YMCA offers guests great proximity to a myriad of area amenities and renowned restaurants, enhancing its appeal. Nestled in one of Richmond’s most sought-after centrally located neighborhoods, guests can enjoy easy access to the City’s vibrant arts scene along West Broad St, rich architectural fabric and streetscape throughout Monroe Ward, and some of Richmond’s most iconic restaurants including Stella’s Market, Perly’s, LeMaire, and Lillie Pearl. The area’s thriving tourism and business sectors ensure a steady stream of high-paying guests seeking access to some of the City’s most treasured destinations, maximizing your return on investment. Don’t miss out on this unique chance to own a piece of Richmond’s history while capitalizing on a lucrative short-term rental market.
Remarkable, mixed-use property in the heart of the Fan District located at the corner of Lombardy Street and Floyd Avenue. Property consisting of cash-flowing laundromat (commercial unit) and 3 residential apartments. Laundromat business and assets are to be sold with the sale of the real property. Machines are new & utilize the Laundry Boss platform. Purchaser will have the option to continue the business or redevelop. Well maintained and renovated apartment units: Luxurious, 1st level owner's suite (APT 3) consists of hardwood floors, granite kitchen counter tops, and in-unit laundry. 1 Bath,1-BDRM/Studio unit (APT 1) with LVP flooring and walk-in closet off en suite. Large, second-level 3 BDRM 2 full bath unit with newly renovated kitchen, LVP floors and rooftop deck. All utilities for the laundromat are separately metered, residential units share metering for water only and are paid by the landlord. Additionally, a generous storage room is located at the rear of the first level (not included in any unit's measurement) & accessible only by the landlord. Unique opportunity combines option to continue a low-involvement business and passive real estate investment. Net Annual Income is $101,265.
NEWLY PRICED, ENHANCED DEVELOPMENT VALUE! A generational re-imagine and re-purpose development opportunity within the vibrant Fan District. Potential Historic Tax Credits. The 800 block to the 1100 block of West Franklin Street was once known as Richmond’s 5th Avenue, lined with Second Empire, Queen Anne, Jacobean, Romanesque and Colonial Revival styles architecture. This location is a part of the western portal to the original RPI, now VCU. This offering includes 2 buildings (previously 2- Fan single family homes) totaling a combined area of approximately 8,008 sq. ft. (~4,000 s.f. each) plus ~3,916 sq. ft. of full, unfinished basement. New roof, Off-street parking spaces. Consider the possibilities: Single family renovation/resale, owner-occupied single or Multi-Family, Duplex luxury rental units and/or convert to condominums, offices/mixed-use developent.
The median home value in Richmond, VA is $327,100. This is higher than the county median home value of $316,300. The national median home value is $338,100. The average price of homes sold in Richmond, VA is $327,100. Approximately 38.89% of Richmond homes are owned, compared to 50.77% rented, while 10.35% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
Richmond, Virginia 23220 has a population of 225,676. Richmond 23220 is more family-centric than the surrounding county with 22.4% of the households containing married families with children. The county average for households married with children is 19.89%.
The median household income in Richmond, Virginia 23220 is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond 23220 is 34.4 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.