1827 W Main Street, Richmond, VA 23220

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Sold Price
$980,000
List Price
$989,950
Days on Market
14
Closing Date
Mar 27, 2025
MLS#
CVR-2500420
Status
CLOSED
Type
Multifamily
Style
Two Story
Year Built
1900
County
Richmond City
Region
10 - Richmond

Property Description

A perfect location in RVA’s Fan District and surrounded by neighborhood restaurants and shops, 1827 W Main offers a great opportunity to capitalize on the booming RVA market! You’ll take advantage of four total units including three residential apartments and one commercial space. Suite 100 is located on the first floor in the front just as you walk inside. It’s a studio apartment with a new kitchen, in-unit laundry, and a stylish full bath w/ tile surround. It currently rents for $1,098/month. Apartment A, located on the first floor and at the end of the hall as you walk inside, is nicely updated and offers hardwood floors, tall ceilings, lots of natural light, two fully renovated bathrooms w/ tile surround, an updated kitchen with white cabinets, granite counters, SS appliances and in-unit laundry. This unit also has exclusive access to a large outdoor patio area and a partial basement that provides additional storage. It currently rents for $1,995/month. Apartment B is located on the second floor and is very similar to Apartment A - two bedrooms, two updated bathrooms, hardwood floors, a stylish kitchen w/ white cabinets and granite counters, and in-unit laundry. It rents for $1,804/month. The second floor is also home to the commercial space that’s currently occupied by a strong long term tenant, KV Immigration and Taxes. It’s large two room space with original hardwoods, decorative fireplaces, and tall ceilings. A hall bath and kitchenette just outside off the hallway is used by this tenant. It rents for $1,200/month and is month-to-month. 1827 W Main will be a great addition to any portfolio!

Additional Information

Living Area
3,634
Elementary School
Fox
Middle School
Dogwood
High School
Thomas Jefferson
Roof
Built-Up
Basement
Partial, Unfinished
Taxes
$8,916

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Calculator source: Real Geeks

Listing courtesy of Hometown Realty. Contact:

Selling Office: Real Broker LLC.

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