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Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,734 sqft
Price per Sqft $213
Subdivision Brookland Terrace
MLS Listing ID 2302813
Sold Date 03/06/23
Style Two Story
Construction Status Approximate
HOA Y/N No
Year Built 1890
Annual Tax Amount $4,080
Tax Year 2022
Lot Size 3,689 Sqft
Acres 0.0847
Property Description
**FRIDAY OPEN HOUSE CANCELED.** HIGH INCOME PRODUCING PROPERTY in Richmond's Church Hill neighborhood! This property has been renovated. Built as a duplex, **THIS PROPERTY HAS A SEPARATE STOREFRONT STUDIO AIRBNB SPACE THAT RENTS FOR AN AVERAGE OF $1850/MONTH**. Total rent for the AirBnb in 2022 was $22,250 IN ADDITION to the rents listed for Unit 1 and Unit 2. With the AirBnb in place, Unit 1 consists of 2 bedrooms & 2 full baths, has been renovated & rents for $1600 per month (owner pays utilities for this unit since metered same as AirBnb), entrance is on 29th (square feet just shy of 1200 if deducting Airbnb separate studio). Unit 2 has 2 bedrooms, 2 full baths, fab front porch & Clay St entrance (owner pays water/sewer/trash only). All appliances convey. Large backyard for tenant use. Walk to Alewife, The Hill Cafe, bakeries, upcoming Trapezium Brewery & just steps from Libby Hill Park, St. John's Church & more. Spend a day riding the Capital Trail, RVA Bike Share Station is close by. Church Hill is a has many nationally recognized eateries & more.
Location
State VA
County Richmond City
Community Brookland Terrace
Area 10 - Richmond
Direction E. Clay Street at 29th Street. Property on corner.
Interior
Interior Features Eat-in Kitchen, Bath in Primary Bedroom
Exterior
Fence None
Waterfront No
Roof Type Flat,Metal
Porch Side Porch
Garage No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Brick
Construction Status Approximate
Schools
Elementary Schools Chimborazo
Middle Schools Martin Luther King Jr.
High Schools Armstrong
Others
Tax ID E000-0574-024
Ownership Individuals
Financing Cash
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Bought with Resource Realty Services
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