$120,000
SOLD JUN 16, 2017
-- Bed
-- Bath
1,750 Sq Ft
4,487 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

13% Below List Price

13 Days on Market

Highlights

  • Corner Lot
  • Open High School Rated A+
  • Fireplace

About This Home

As of July 2022

Calling all investors. This corner duplex is the perfect opportunity to expand your portfolio and earn some passive income at the same time. Both units are rented and tenants are pleased to stay on. Upstairs has 3 bedrooms and one bath; downstairs has 2 bedrooms and 1 bath. Monthly income is $725 and $675 respectively. Landlord pays water; tenants are responsible for all other utilities. This is a neighborhood where you can see neighbors out talking with each other, kids riding their bikes, and dogs taking their owners for a walk. Come take a look while interest rates are still low and before the housing prices start to go up in this area of the city. Besides that the sale is at a 12 percent cap rate.

Last Agent to Sell the Property

Joyce Navary

Weichert Brockwell & Associate License #0225178982 Listed on: 05/02/2017

Weichert Brockwell & Associate

Last Buyer's Agent

Kerry Riley

Joyner Fine Properties License #0225030019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1922

Lot Details

  • 4,487 Sq Ft Lot
  • Lot Dimensions are 138x63x125x9
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Slate Roof
  • Stucco

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laminate Countertops
  • Washer and Dryer Hookup

Schools

  • Patrick Henry Elementary School
  • Thompson Middle School
  • Richmond High School For The Arts

Additional Features

  • Stoop
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number S000-2014-013

Community Details

Overview

  • 2 Units
  • West Manchester Subdivision

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,572

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1922
  • Lot Size Acres: 0.103
  • Lot Size: 138x63x125x9
  • Ownership: Individuals
  • Subdivision Name: West Manchester
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Fireplace: Yes
  • Interior Amenities: Fireplace, Laminate Counters
  • Living Area: 1750.0
  • Stories: 2

Exterior Features

  • Roof: Slate
  • Fencing: None
  • Lot Features: Corner Lot, Level
  • Waterfront: No
  • Construction Type: Block, Drywall, Frame, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Stoop

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel Number: S000-2014-013
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 16800.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1572.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Patrick Henry
  • High School: Richmond High School for the Arts

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $346,000 +9.8% $198 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $315,000 -9.0% $180 / Sq Ft
06/06/2022 06/06/22 Off Market $346,000 -- --
05/17/2022 05/17/22 For Sale $315,000 +162.5% $180 / Sq Ft
06/16/2017 06/16/17 Sold $120,000 -13.0% $69 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $138,000 -- $79 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1716279

Central Virginia Regional MLS

APN: S-000-2014-013