111 S Stafford Ave, Richmond, VA 23220

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Sold Price
$1,195,000
List Price
$1,250,000
Days on Market
74
Closing Date
Jul 15, 2024
MLS#
VARC2000486
Status
CLOSED
Type
Multifamily
Style
Contemporary
Year Built
1921
County
Richmond City

Property Description

111 S Stafford Ave is a Revitalized and Reconstructed Quad now available in the Fan District! This corner lot building is designed for an Owner-occupant or Investor looking to add a foundational purchase to their portfolio. This building features fully permitted construction, was taken down to the studs, and revamped meticulously. The building features brand-new "MEPs" (HVAC, Electrical, Plumbing), new studs, all new subflooring, new insulation, a new TPO roof, new windows, new kitchens/bathrooms, new appliances, new deck/balconies, and much more! Units are separately metered (four water meters and five electric meters). The building features 24-hour alleyway lighting (security/surveillance ready) and privacy fenced. All appliances, including all washers/dryers, convey. Three current leases are in place and convey! The 4th unit awaits your vision, whether to live in or embark on a Short-Term/Mid-Term Rental strategy. All units are deemed 2 bedrooms, 1 bath, beautifully designed with in-unit laundry, featuring exposed brick styling and all-new finishes. Top-level units feature private balconies and deck space. Downstairs units feature private backyard space. 111 S Stafford Ave is walking distance (yes, walking distance!) to Carytown, Byrd Park, and Museums - among some of the other hottest fan attractions nearby. You are amidst a long-standing community with consistent new and emerging area development! Directly adjacent to W Cary St, near Arthur Ashe Blvd, close to bus lines, major highways, and more. This building is a testament to timeless elegance fused with charm and modern convenience. Get in early! This area of the Fan is just going to continue to grow. Rare opportunity! - This can be yours - Schedule your showing today!

Additional Information

Acres
0.05
Lot Size
2,320
Living Area
3,104
Exterior Features
Lighting, Chimney Cap(s), Rain Gutters
Elementary School
Mary Munford
Middle School
Binford
High School
Thomas Jefferson
Roof
Flat
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Appliances, Exhaust Fan, Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater, Water Heater
Cooling
Central Air, ENERGY STAR Qualified Equipment
Heating
Central, Heat Pump
Taxes
$7,812

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Listing courtesy of Fathom Realty. Contact:

Selling Office: Non Subscribing Office.