3516 Floyd Avenue, Richmond, VA 23221

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Sold Price
$630,500
List Price
$635,000
Days on Market
4
Closing Date
Oct 31, 2024
MLS#
CVR-2426823
Status
CLOSED
Type
Multifamily
Style
Two Story
Year Built
1954
County
Richmond City
Region
10 - Richmond

Property Description

Welcome to 3516 Floyd Avenue, this duplex is conveniently located in the Museum District, one block from Carytown. Located directly across from Fresh Market, Chipotle, Publix, Starbucks, Burton’s Grill & Bar and much more. TWO UNITS, each comprised of 2 bedrooms, 1 bath, washer/dryer, hardwood floors throughout, and private deck/patio. Totals 2,050 SF. Recent rents were $1,685 and $1,700 per unit per month. Historically there has been 0 vacancy with rent increases including during the pandemic. Both units are currently vacant to allow maximum flexibility to buyers, whether they are seeking owner-occupancy, new leases with tenants of their choice, AirBnB rental, redevelopment into a single family home, or a combination. Seller is open to providing tenants at closing. Recent CapEx includes: HVAC (both); hot water tanks (both); roof (2020), and miscellaneous items (bathroom vanities, washer/dryer in one unit, dishwasher in one unit). Additional value-add possible through light remodel.

Additional Information

Acres
0.11
Living Area
2,050
Exterior Features
Storage, Unpaved Driveway
Elementary School
Lois-Harrison Jones
Middle School
Albert Hill
High School
Thomas Jefferson
Roof
Shingle
Appliances
Water Heater
Basement
Crawl Space
Taxes
$6,708

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Calculator source: Real Geeks

Listing courtesy of River City Elite Properties. Contact:

Selling Office: Taylor Homes.

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