1116 West Avenue Richmond, VA $ 769,000
1116 West Avenue
$ 769,000
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1116 West Avenue

Richmond, VA, 23220
$ 769,000
Baths0.0 Sq 2,684

Monthly Estimate*

$ 5,372

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Studio

Multi-Family Home for sale in Richmond, VA

for $769,000. This 2,684 square foot home was built in 1920 on a lot size of 0.0553.

Stylish Duplex located on sophisticated West Ave in the heart of The Fan District. Amazing upstairs unit was once an owner's residence with thoughtfully designed layout with excellent use of space. The open concept living spaces feature large dining area, family room with handsome built-ins and French door access to the deck. The Kitchen features gas cooking, Sub-Zero refrigerator and amazing cabinet storage, plus a glass eat-in area. Front primary bedroom includes wonderful closet space as well as a luxurious bath with Ipe Wood accents in the shower. Rear bedroom shares the hall bath. Upstairs unit also has a super cool Hydronic Radiant Floor system for toasty floors on your bare feet! Lower level unit has 3 bedrooms, open concept kitchen/family room with outdoor access to the fenced brick terrace and off street parking area. If you are looking for a solid investment with wonderful rental income potential on one of the best streets in the city, you need to see this property.

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Multi-Family Pending

Price

$ 769,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,476

Style

Two Story

Lot Size

0.0553

Year Built

1920

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2410553

Features
General
Sewer PublicSewer
Roof Flat Rubber
Appliances GasWaterHeater
Patio/Porch Features Deck FrontPorch SidePorch
Architectural Style TwoStory
Construction Materials Brick Frame
Year Built 1920
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2023
Percent Ownership Other
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
High School Thomas Jefferson
View Y/N N
Senior Community Y/N N
Zoning Description R-6
Total Units 2
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name West
Elementary School Fox
Property Attached Y/N N
Year Built Details Approximate
Land Lease Y/N N
Tax Annual Amount 7476.0
Home Warranty Y/N N
Middle/Junior High School Thompson
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 6
Standard Status Pending
Occupancy Description Tenant
Tax Assessed Value 631000
Property Sub Type Additional Duplex
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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 Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Fenced Privacy
Parking Features OffStreet
Water Source Public
Lot Size Area 0.0553
Spa N
Lot Size Acres 0.0553
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
Graham Johnson

Listing Agent

Coldwell Banker Avenues

Broker

graham.johnson@coldwellbanker.com

Email

Affordability Calculator

$5,995
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,372
Monthly Property Taxes
$623
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
4651898 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$769,000 Listed Price

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1116 West Avenue, Richmond, VA, 23220 is a Multi-Family Home for sale at $769,000 with 2,684 sqft and a lot size of 0.0553. 1116 West Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 23220 which is in Richmond, VA