NOT LISTED FOR SALE
6 Beds
-- Bath
1,776 Sq Ft
7,314 Sq Ft Lot

Last Sold April 02, 2018

Last sale price $155,000 $87 Per Sq Ft

4 Days on Market

About This Home

As of April 2018

**BEST BUY MULTI-FAMILY RENTAL PROPERTIES** The RVA Rental Market is HOT, HOT, HOT, and Now is the time to Buy. Take 1600 - 1612 Pollock Street, right here in little old Richmond, Virginia. There are 3 Duplexes here For Sale, 6 units in all. These are all Renovated, Rented and Ready for a new owner. The units are all Low Maintenance, all Electric, Vinyl sided, and have Shingled roofs. All the units are very similar to each other. All the units are individually metered, and the Tenants pay for All of their own utilities. The properties have plenty of parking, both on and off street. The units, on average, rent for $725 per unit per month, with the tenants paying all their own utilities. Average rents for a 3 bedroom in this area are between $750- $1050 per month. If you are looking for a Turn Key, Positive Cash Flow Rental property, look no further, there are 3 right Here !! Drive by and take a look today !!

Last Agent to Sell the Property

Matt Smith

Weichert Brockwell & Associate License #0225178533 Listed on: 12/09/2017

Weichert Brockwell & Associate

Last Buyer's Agent

Michael Latimer

Commonwealth Real Estate Co License #0225206950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1976

Lot Details

  • 7,314

Home Design

  • Duplex
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Overby-Sheppard Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Additional Features

  • 7,314 Sq Ft Lot
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number N005-1182-051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,092

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1976
  • Lot Size Acres: 0.1679
  • Ownership: Partnership
  • Subdivision Name: None
  • 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

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Living Area: 1776.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Drywall, Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: N005-1182-051
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1092.0
  • Tax Lot: 1

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Overby-Sheppard
  • High School: Armstrong

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
04/02/2018 04/02/18 Sold $155,000 -3.1% $87 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/09/2017 12/09/17 For Sale $159,950 -- $90 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,412 $201,000 $66,000 $135,000
2024 $2,316 $193,000 $63,000 $130,000
2023 $2,196 $183,000 $63,000 $120,000
2022 $1,944 $162,000 $52,000 $110,000
2020 $1,696 $142,000 $40,000 $102,000
2019 $1,602 $126,000 $35,000 $91,000
2018 $1,116 $93,000 $20,000 $73,000
2017 $1,092 $91,000 $20,000 $71,000
2016 $1,044 $87,000 $20,000 $67,000
2015 $1,061 $87,000 $24,000 $63,000
2014 $1,061 $87,000 $24,000 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1741763

Central Virginia Regional MLS

APN: N-005-1182-051