1715 Hanover Avenue, Richmond, VA 23220
- $650,000
- 2,452
- SqFt
- Sold Price
- $650,000
- List Price
- $699,000
- Days on Market
- 27
- Closing Date
- Dec 31, 2025
- MLS#
- CVR-2528162
- Status
- CLOSED
- Type
- Multifamily
- Style
- Row House
- Year Built
- 1910
- County
- Richmond City
- Region
- 10 - Richmond
Property Description
Centrally located duplex on Hanover Avenue! Each unit offers 2 bedrooms, 1 full bath, living room, laundry area, and eat-in kitchen with electric cooking, built-in microwave, and refrigerator. The second-floor unit includes a walk-up third-floor loft not counted in total finished square footage. Features include exposed brick walls, built-in shelving, washer/dryer in each unit, and rear deck off first level. Partial walk-out basement provides additional storage. Both units have central air, gas hot water radiator heat, and natural gas water heaters. Windows are double-paned, tilt out newer windows. Refrigerator in upstairs unit is less than a year old. Brand new privacy fence and gate. While current lease rates have not been increased in several years, market rental values have appreciated notably. The sellers chose to keep rent stable out of respect for their long-term tenant upstairs, who has been easy to work with and takes excellent care of the property. This property offers strong income potential with room for upside or the flexibility to convert back to a single-family residence if desired.
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Additional Information
- Acres
- 0.06
- Living Area
- 2,452
- Elementary School
- Fox
- Middle School
- Dogwood
- High School
- Thomas Jefferson
- Roof
- Flat, Rubber, Slate
- Appliances
- Gas Water Heater
- Basement
- Common Basement, Crawl Space, Partial
- Taxes
- $7,788
Mortgage Calculator
Listing courtesy of Shaheen Ruth Martin & Fonville. Contact: info@srmfre.com
Selling Office: Real Broker LLC.
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