2918 3rd Avenue Richmond, VA $ 474,000
2918 3rd Avenue
$ 474,000
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2918 3rd Avenue

Richmond, VA, 23222
$ 474,000
Bedrooms-- Baths0.0 Sq 3,680

Monthly Estimate*

$ 2,957

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Single Family Home for sale in Richmond, VA

for $474,000. This 3,680 square foot home was built in 1900 on a lot size of 0.3058 Acre(s).

Cash-flowing Investment Property. This 4 unit is a rare opportunity to add to your portfolio. Stay in one unit and rent out the other three or rent all four units. Featuring three units with two beds and one studio apartment that could be an Air BNB or converted to a one bed. Unit 2 downstairs has been completely renovated with new flooring, vanities, appliances, and fresh paint. It's 1100 sq ft with 2 beds and 2 full baths. Being the biggest in the building could easily rent for 1, 300 a month according to others in the area. Current monthly income is $2, 500 per month for the other 3 units. However, the rent could easily be increased with some minor touch-ups. NEW Fence around the property and a nice-sized lot make this property a great investment. Driveway to the left of house as well as couple spots from back alley give you plenty of parking. This property has the potential to produce at least 4, 000 a month in rent. Don't miss out on this incredible opportunity.

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Single Family Pending

Price

$ 474,000

Property Type

Single Family

Taxes

$ 3,792

Style

Victorian

Lot Size

0.3058 Acre(s)

Year Built

1900

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2303407

Features
Interior
Heating System Hot Water Heater: Electric
Interior Walls: Dry Wall Walls: Plaster
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick
Driveway Driveway Unpaved Driveway
Exterior Porch Wrap Around Porch
Parking Off Street Parking On Street Parking Unpaved
Roof Asphalt Roof
Siding Vinyl
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* Excluded Features
List By
Ben Swicegood

Listing Agent

Exp Realty Llc

Broker

bfswicegood@gmail.com

Email

Affordability Calculator

$3,273
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,957
Monthly Property Taxes
$316
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
Overby-Sheppard Elementary School
Martin Luther King Jr. Middle School
Armstrong High School
Pricing History
DatePricePrice ChangeDescription
2/27/2023$474,000 -5.01% Price Down
2/20/2023$499,000 Listed Price

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2918 3rd Avenue, Richmond, VA, 23222 is a Single Family Home for sale at $474,000 with 3,680 sqft and a lot size of 0.3058 Acre(s). 2918 3rd Avenue has 0.0 baths and was built in 1900. The property's zip code is 23222 which is in Richmond, VA