2700 P Street, a duplex property located in the heart of Richmond's historic Church Hill neighborhood. This historic and charming duplex includes a three bedroom/ two bathroom unit up and a two bedroom/ one bathroom unit down below. Both units include updated kitchen a bathroom finishes with unit A undergoing a recent renovation. Both units include central HVAC and unit B includes its own in unit washer/dryer. Water is separately metered and electricity and gas are currently billed back to the tenants using a RUBs system. This prime corner duplex is a great opportunity for an investor looking to enter the multi-family market or a season investor looking to expand their holdings in the Richmond MSA.
Open House:
Saturday, 11/9 1:00-3:00PM
Your next fantastic multi-family investment opportunity in the City of Richmond awaits! Unit A features 2 bedrooms and 2 1/2 baths, while Unit B (currently leased until August) offers 3 bedrooms and 2 1/2 baths. Both are turnkey and ready to go. Separate exterior entrances ensure privacy for tenants, and high walkability on East Broad Street ensures you will be able to maximize on VCU/MCV potential tenant visibility. In fact, this duplex would be an excellent opportunity for MCV owner/occupant with potential mortgage off-setting rent! The building itself makes a visual impact, again enhancing visibility and engagement while the interior offers all a tenant may want, including four off-street parking spaces, privacy-fenced back yard, and ample private space within the property. Schedule your showing today! The approved special use permit shows the addition of an optional rear detached garage! 72 hour tenant notice is required to show Unit B.
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 23223 has a population of 225,676. Richmond 23223 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 23223 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 23223 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.