1827 W Main Street Richmond, VA $ 975,000
1827 W Main Street
$ 975,000
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1827 W Main Street

Richmond, VA, 23220
$ 975,000
Baths0.0 Sq 3,634

Monthly Estimate*

$ 6,811

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Studio

Multi-Family Home for sale in Richmond, VA

for $975,000. This 3,634 square foot home was built in 1900 on a lot size of 0.0689.

Located in the heart of The Fan on a bustling street and surrounded by neighborhood favorites like Goatocado and the Visual Arts Center, 1827 W Main offers a great opportunity to capitalize on the booming RVA market. You’ll be able to take advantage of four total units including two residential apartments and two commercial spaces. The apartments offer two bedrooms each with two full bathrooms and are well-appointed with hardwood floors, tall ceilings, lots of natural light, renovated bathrooms w/ tile surround, updated kitchens with white cabinets, granite counters and SS appliances and in-unit laundry. Apartment A, located on the first floor, has exclusive use to a large outdoor patio area and the partial basement that provides additional storage. Apartment B is located on the second floor with new tenants moving in May 2024. There are two commercial spaces with the first floor offering two rooms with tall ceilings, original hardwood floors and two decorative fireplaces. This space is unoccupied at the moment, so it’s perfect for someone who could utilize some extra room for their business. Upstairs is the second commercial space and it’s currently occupied by a strong long term tenant, KV Immigration and Taxes. This property will be a great addition to any portfolio!

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Multi-Family Active

Price

$ 975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,056

Style

Quadruplex

Lot Size

0.0689

Year Built

1900

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2408543

Features
General
Interior Features CeilingFans GraniteCounters HighCeilings RecessedLighting CableTV
Sewer PublicSewer
Roof BuiltUp
Patio/Porch Features RearPorch FrontPorch
Architectural Style TwoStory
Construction Materials Brick
Year Built 1900
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Individuals
County Richmond City
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
High School Thomas Jefferson
View Y/N N
Senior Community Y/N N
Zoning Description 35
Total Units 4
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Main
Elementary School Fox
Property Attached Y/N N
Year Built Details Approximate
Land Lease Y/N N
Tax Annual Amount 7056.0
Home Warranty Y/N N
Middle/Junior High School Dogwood
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 2
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 743000
Ownership Type SoleProprietor
Property Sub Type Additional Quadruplex
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Interior
Basement Partial Unfinished
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
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing BackYard Fenced
Water Source Public
Lot Size Area 0.0689
Spa N
Lot Size Acres 0.0689
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
Ernie Chamberlain

Listing Agent

Hometown Realty

Broker

echamberlain@htrsi.com

Email

Affordability Calculator

$7,399
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,811
Monthly Property Taxes
$588
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
243578 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$975,000 Listed Price

Map


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1827 W Main Street, Richmond, VA, 23220 is a Multi-Family Home for sale at $975,000 with 3,634 sqft and a lot size of 0.0689. 1827 W Main 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