305 Cedar Street Richmond, VA $ 519,950
305 Cedar Street
$ 519,950
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305 Cedar Street

Richmond, VA, 23223
$ 519,950
Baths0.0 Sq 1,995

Monthly Estimate*

$ 3,632

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Studio

Multi-Family Home for sale in Richmond, VA

for $519,950. This 1,995 square foot home was built in 1849 on a lot size of 0.05.

Looking for a great investment opportunity? Don't miss this Church Hill duplex where convenience meets charm in this unique property that feels more like a single-family home. An attractive English basement makes this property a gem for investors seeking both comfort and potential. The main unit on first and second floors, has cozy sitting room, a kitchen equipped with essential appliances such as a refrigerator, dishwasher, oven, and stove, and three spacious bedrooms. The home is designed for ease and comfort, featuring two full bathrooms and a half bath. Each unit within this duplex has independent gas heating and central air conditioning systems, ensuring personalized comfort year-round. Additionally, the convenience of separate washers and dryers in each unit, along with individual gas and electric meters, allows for a hassle-free management of utilities. The seller currently covers the water bill, adding an extra perk for tenants. The English Basement unfolds is delightful one-bedroom, one-bathroom suite with a living room and a well-equipped kitchen, perfect for additional rental income or a private living space. Nestled in the vibrant Church Hill area, this property promises an unmatched lifestyle with its proximity to VCU/MCV, an array of restaurants, shopping destinations, and easy access to interstates. With a walk score of 95, it is truly a "walker's paradise," inviting residents to explore and enjoy the best RVA has to offer. Dont miss this incredible opportunity to invest in a property that promises both a convenient lifestyle and potential for appreciation. Schedule your showing today and step into a world of possibilities in Church Hill.

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Multi-Family Pending

Price

$ 519,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,532

Style

Two Story

Lot Size

0.05

Year Built

1849

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2404727

Features
General
Sewer PublicSewer
Roof Flat
Appliances GasWaterHeater
Patio/Porch Features FrontPorch
Architectural Style TwoStory
Construction Materials Brick
Year Built 1849
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2023
Percent Ownership Individuals
Gross Income 32340.0
County Richmond City
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Pending
Directions Broad Street going East Left on Cedar after passing 18th Street
High School Armstrong
View Y/N N
Senior Community Y/N N
Zoning Description B-5
Total Units 2
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Cedar
Elementary School Bellevue
Property Attached Y/N N
Year Built Details Actual
Land Lease Y/N N
Tax Annual Amount 5532.0
Home Warranty Y/N N
Middle/Junior High School Martin Luther King Jr.
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Standard Status Pending
Occupancy Description Tenant
Tax Assessed Value 461000
Ownership Type SoleProprietor
Property Sub Type Additional Duplex
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Interior
Basement Finished Heated
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Below Grade Finished Area 950.0
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing BackYard Fenced
Water Source Public
Lot Size Area 0.05
Spa N
Lot Size Acres 0.05
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Chris Small

Listing Agent

Small & Associates

Broker

Chris@SmallRE.net

Email

Affordability Calculator

$4,093
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,632
Monthly Property Taxes
$461
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1821086 Elementary School
1821207 Middle School
Armstrong High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$519,950 Listed Price

Map


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305 Cedar Street, Richmond, VA, 23223 is a Multi-Family Home for sale at $519,950 with 1,995 sqft and a lot size of 0.05. 305 Cedar Street is a studio with 0.0 baths and was built in 1849. The property's zip code is 23223 which is in Richmond, VA