bedrooms
6
bathrooms
2
square feet
1,504
Acreage
0.032
Open Houses
-
year built
1910
Full Baths
2
Half Baths
0
Step into a piece of history revitalized for modern living with this meticulously renovated historic home, transformed into a thriving PadSplit residence in 2022. Nestled in a prime location along a busline with friendly neighbors and close proximity to parks and grocery stores, this property combines timeless charm with practicality. Boasting 6 bedrooms of varying sizes, each equipped with smart locks for secure and convenient access, it currently generates a robust net monthly income exceeding $3,000. Two full bathrooms, built with durable roofing materials, cater to communal living needs, complemented by a communal outdoor patio. Updated with a new roof in 2015 and essential HVAC, electrical, and plumbing upgrades in 2015/2016, the property ensures minimal maintenance and longevity. Originally intended for student rentals, it has achieved remarkable occupancy rates with only 6 turnovers in its inaugural year, offering stability with tenants able to give one week's notice to vacate. Beyond its current use as a PadSplit, the property offers flexibility as it can also function as a traditional single-family residence, with the PadSplit lease terminable upon one month's notice. Detailed financials and lease agreements are available upon request, making this an ideal investment opportunity or comfortable residence with income potential in a sought-after locale.
Location | |
Subdivision | - |
County | Richmond City |
Elementary School | Bellevue |
Middle School | Martin Luther King Jr. |
High School | Armstrong |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 2417952
Listing agent:
Eric Walker
#0225222802
Listing broker:
Exp Realty
(804) 335-6767
Copyright © 2024 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, November 19 2024 at 7:48 p.m. EST
Kotohomes National
Other listings you might be interested in
$739,950
5 Bed •
3 Bath •
3,744 ft²
15451 Beaver Den Lane
Beaverdam, VA 23015
$1,200,000
5 Bed •
3 Bath •
3,344 ft²
4285 Lockin Circle
Powhatan, VA 23139
$675,000
5 Bed •
4 Bath •
3,606 ft²
3115 Rock Cress Lane
Sandy Hook, VA 23153
$775,000
5 Bed •
4 Bath •
3,340 ft²
19022 Double Cedar Road
Montpelier, VA 23192
$1,045,000
5 Bed •
4 Bath •
3,552 ft²
3830 Leabough Road
Goochland, VA 23063
$889,000
6 Bed •
5 Bath •
6,129 ft²
1038 Hunters Woods
Crozier, VA 23039
$650,000
5 Bed •
5 Bath •
3,354 ft²
1603 Reed Marsh Place
Goochland, VA 23063
$699,900
5 Bed •
5 Bath •
3,769 ft²
5955 Old Gray Road
Powhatan, VA 23139
$800,000
6 Bed •
6 Bath •
4,481 ft²
6116 Autumn Bluff Road
Powhatan, VA 23139
$1,749,000
5 Bed •
5 Bath •
8,815 ft²
2647 Peach Grove Road
Louisa, VA 23093
$2,099,000
7 Bed •
5 Bath •
6,189 ft²
6406 CARTER LN
MINERAL, VA 23117
$1,650,000
6 Bed •
8 Bath •
9,648 ft²
17391 Jericho Drive
Beaverdam, VA 23015