Pending
913 N 35th St
Richmond VA, 23223
$399,000
$176.55 per sqft
Pending
2,260 sqft
Multi-family
Built in 1915
913 N 35th Street is an exceptional investment opportunity nestled in the heart of Richmond's vibrant Church Hill neighborhood. This charming duplex, originally built as a multifamily property, features two spacious apartments--one on the first floor and another on the second floor--each offering two bedrooms and one bathroom. Stepping inside, you'll find that both units boast classic hardwood floors throughout, lending warmth and character to the living spaces. Each apartment has been updated to meet modern living standards, with updated kitchens, in-unit washers and dryers and central air conditioning enhance the appeal, ensuring comfort for both tenants and potential owner-occupants. The property includes a sizable backyard and provides an opportunity to easily add off-street parking, increasing the property's functionality and value. A large storage shed offers ample space for tools, bikes, or seasonal items, making it a practical feature for residents. Currently, the upstairs unit is rented at $1,450 per month (lease expires 1/31/25), presenting immediate rental income. With the robust demand for quality rentals in Church Hill, the market rent for both units could likely reach $1,650 per month, creating a compelling value-add opportunity for investors looking to boost returns. Church Hill continues to thrive as one of Richmond's most sought-after neighborhoods, blending historic charm with modern amenities. The area is known for its beautiful parks, a lively dining scene, and a strong sense of community. Whether you're an investor seeking a solid income-generating property or a homeowner looking for a place to live while offsetting your mortgage with rental income, 913 N 35th Street is an ideal choice. This property is a rare find in a neighborhood that continues to see growth and revitalization. Don't miss the chance to explore its potential. Contact us today to learn more or to schedule a private tour.
2430049
MLSⓇ ID
November 18, 2024
Listed
November 29, 2024
Updated
Map
913 N 35th St
Richmond VA, 23223
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Architectual Style
Two Story
Roof
Flat
Sewer
Public Sewer
School Information
High School
Armstrong
Elementary School
Chimborazo
Other Property Details
Area Name
10 - Richmond
Taxes
$2,280
Tax Frequency
Annually
Days on Market
9
Garage
No
View
No
County
Richmond City
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/29/2024 | Pending | — |
Listed by One South Commercial LLC, Justin Sledd, (804) 307-4060
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Date last updated: 11/29/2024