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Key Details
Sold Price $751,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,314 sqft
Price per Sqft $324
MLS Listing ID 2208672
Sold Date 04/25/22
Style Two Story,Victorian
Construction Status Historic
HOA Y/N No
Year Built 1920
Annual Tax Amount $4,236
Tax Year 2021
Lot Size 2,012 Sqft
Acres 0.0462
Property Description
Looking for a turn key investment property in the Historic Fan District? Look no further! This built-as four unit building was completely renovated in 2014, with all new electric, plumbing, HVAC, kitchens, bathrooms, lighting and refinished wood floors. Four 1BR/1BA units have been consistently rented with no vacancies. 1BR/1BA units are a premium in the area. Limited tax abatement remains through 2026. Leases permit new owner to terminate leases within first thirty (30) days of ownership, by providing a minimum of sixty (60) days notice to tenants. All tenants would like to stay.
Location
State VA
County Richmond City
Area 10 - Richmond
Direction Headed east on Cary, take a right onto Rowland, property will be on your left between Cary and Idlewood.
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Recessed Lighting, Cable TV, Wired for Data
Appliance Gas Water Heater, Water Heater
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Lighting
Fence Back Yard, Fenced, Privacy
View Y/N Yes
View City
Roof Type Flat,Metal,Slate
Handicap Access Accessibility Features, Accessible Full Bath, Accessible Bedroom, Accessible Kitchen, Accessible Approach with Ramp
Porch Front Porch
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story, Victorian
Level or Stories Two
Structure Type Brick,Drywall,Mixed,Plaster
Construction Status Historic
Schools
Elementary Schools John B. Cary
Middle Schools Binford
High Schools Thomas Jefferson
Others
Tax ID W000-0896-031
Ownership Partnership
Financing Cash
Read Less Info
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Bought with River Fox Realty LLC