4 & 6 S Plum Street, Richmond, VA 23220

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Sold Price
$965,000
List Price
$1,085,000
Days on Market
38
Closing Date
Nov 15, 2023
MLS#
CVR-2320320
Status
CLOSED
Type
Multifamily
Style
Two Story
Year Built
1900
County
Richmond City
Region
10 - Richmond

Property Description

This built-as-quad features four spacious 1 bedroom/1 bathroom units with over 800 square feet per unit. Residents enjoy central heat & air, washer/dryer in unit, dishwasher and eight off-street parking. The property is separately metered for water and electricity. Sitting on the doorstep of Virginia Commonwealth University, this property will always be a high rental demand area for students, professionals and short term rentals.Located in the Historic Fan District, which features historic Victorian architecture, two world class museums, recreational opportunities, numerous bike lanes, and great access to all points in Metro Richmond. Tenants in these apartments are a short distance from 50 plus restaurants, three large grocery stores, and numerous coffee houses, bars, clothing & furniture stores, salons etc. Very few neighborhoods in the country can boast this number of offerings to their residents. Therefore, the demand to rent these types of units far exceeds supply, affording the buyer a very stable investment with a continuous upside as the values in the area have marched relentlessly forward.

Additional Information

Acres
0.11
Living Area
3,264
Elementary School
Fox
Middle School
Dogwood
High School
Thomas Jefferson
Roof
Flat
Taxes
$6,072

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Calculator source: Real Geeks

Listing courtesy of One South Realty Group, LLC. Contact:

Selling Office: The Hogan Group Real Estate.

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