2211 3rd Avenue

Richmond, VA
$ 229,000 Beds 2 Baths 2 Sq 1,971
Monthly Estimate* How much can I afford?

Multifamily Investment Opportunity in Richmond's Northside. Great opportunity for owner/occupants and investors alike. This duplex is fully leased and features two different floor plans. Unit A is a two bedroom/one bath ground level apartment and currently rents for $695. Unit B is a three bedroom/one bath apartment on the second level and currently rents for $819. Both units are on twelve-month leases. Unit A will become available on 10/31/2020 for new lease or owner occupant. Washer/Dryer Onsite. Off Street Parking & Shed Onsite. The property is separately metered for electricity and tenants are responsible for payment. Water for both units is included in the rent through one water meter. Washer/Dryer is also provided onsite and is shared between the two apartments. Additionally, convenient off-street parking is available at the rear of the property. The Northside rental market is quickly growing due to new construction and rising demand. Primed to take advantage of this growth, the currently low rental rates of this duplex make this listing a great value-added opportunity in this emerging neighborhood.

Pending

  • Price
  • $ 229,000
  • Lot Size
  • 6,098 SqFt
  • Bedrooms
  • 2
  • Sqr Footage
  • 1,971
  • Full Bathrooms
  • 2
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Richmond
  • Taxes
  • 2964
  • County
  • RICHMOND CITY
  • Style
  • Two Story
  • Area
  • 30 - Richmond
  • MLS#
  • 2025167
  • Zip
  • 23222
Listing Provided by: Justin Sledd with One South Realty Group, LLC.

Features

General

Architectural Style Two Story
Construction Materials Other
Elementary School Overby-Sheppard
Garage Spaces 1
Garage Y/N Yes
High School Armstrong
MLS Area 30 - Richmond
Middle/Junior School Martin Luther King Jr.
Parking Features Detached, Garage
Property SubType Duplex
Property Type Residential Income
Roof Other
Sewer Public Sewer
Stories 2
Subdivision Name Chestnut Hills
Total Units 2
Zoning Description R-6

Interior Features

Basement Partial
Living Area 1971

Exterior Features

Lot Size Acres 0.14
Lot Size Area 0.14
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the GLEN ALLEN, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

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

Price History

8/19/2020 Listed $229,000

Property vs Zip Code Average in 23222

Price
AVG $230K
$230K
Taxes
AVG $1,557
$2,964
Visits
AVG 52
33
Year Built
AVG 1948
1920
Walkscore
AVG 52
34
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2211 3rd Avenue Richmond, VA is a Single Family Home for sale at $229000 with 1971 sqft and a lot size of 6,098 SqFt Acre(s). 2211 3rd Avenue Richmond has 2 bedrooms, 2 baths and was built in 1920. The property's zip code is 23222 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.