1122-1130 W Marshall Street Richmond, VA ^$ 1,450,000

1122-1130 W Marshall Street

^$ 1,450,000

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1122-1130 W Marshall Street

Richmond, VA, 23220

^$ 1,450,000

Studio Baths0.0

Monthly Estimate*

^$ 10,129

1122-1130 W Marshall Street, Richmond, VA 23220 - Image 1

1122-1130 W Marshall Street, Richmond, VA 23220 - Image 2

1122-1130 W Marshall Street, Richmond, VA 23220 - Image 3

1122-1130 W Marshall Street, Richmond, VA 23220 - Image 4

1122-1130 W Marshall Street, Richmond, VA 23220 - Image 5

1122-1130 W Marshall Street, Richmond, VA 23220 - Image 6

Studio

Commercial Property for sale in Richmond, VA

for $1,450,000. This building was built in 1900 on a lot size of 0.196.

This development/multi-family opportunity consists of 4 rental properties and 1 buildable lot. Each home is 3 bedrooms, 1.5 bathrooms with a washer/dryer in each home and 2 off-street parking spaces. Though these homes have the potential for value adds and premium rents, it is a RARE thing to find an opportunity to have 5 contiguous lots in a rental rich environment like the VCU area, particularly behind the Siegel Center, with parking. Highest and best use would be a 4 level multi-unit apartment building. Make this your signature development project for 2024. Seller will NOT sell properties individually.

Commercial Pending

Price

^$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Townhouse

Lot Size

0.196

Year Built

1900

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2400344

Features

General

Sewer PublicSewer

Heating HeatPump

Cooling CentralAir

Possession CloseOfEscrow

Roof Flat

Construction Materials Brick

Year Built 1900

Stories 2

Topography Level

Levels Two

Property SubType Townhouse

Percent Ownership Investment

County Richmond City

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Building Features MultiTenant

Status Pending

Directions Broad Street(rt250) to Harrison St. Turn north onto Harrison home will be one block north on the northeast corner of West Marshall

View Y/N N

Senior Community Y/N N

Open Parking Spaces 10.0

MLS Area 10 - Richmond

Waterfront Y/N N

Carport Y/N N

Street Name Marshall

Property Attached Y/N N

Year Built Details Actual

Land Lease Y/N N

Home Warranty Y/N N

Property Condition GoodCondition

Lease Renewal Y/N N

Additional Parcels Y/N N

Leasable Area 6484.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 107

Structure Type Townhouse

Standard Status Pending

Tax Assessed Value 0

Property Sub Type Additional Townhouse

Exterior

Fencing None

Lot Features Level

Water Source Public

Total Parking 10.0

Lot Size Area 0.196

Spa N

Lot Dimensions 96.78x88.17.

Lot Size Acres 0.196

Lot Size Units Acres

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

* Excluded Features

List By

Newton Carroll

Listing Agent

Joyner Fine Properties

Broker

newton.carroll@joynerfineproperties.com

Affordability Calculator

$10,129

Per Month

Monthly Principal & Interest: $10,129
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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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Nearby

Trends
Schools

Commerical listings in Richmond, VA

Average List Price ^$1,208,310

Percent of Sale Price 17%

About Richmond, VA

228,048 Population

15% Since 2002

^$44,360 Median Income

34.76 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1821039 Elementary School

1821205 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/4/2024	$1,450,000		Listed Price

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1122-1130 W Marshall Street, Richmond, VA, 23220 is a Commercial Property for sale at $1,450,000 with a lot size of 0.196. 1122-1130 W Marshall Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 23220 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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1122-1130 W Marshall Street

Commercial Property for sale in Richmond, VA

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