111 S Stafford Avenue Richmond, VA $ 1,250,000
111 S Stafford Avenue
$ 1,250,000
Recently Listed New Construction
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111 S Stafford Avenue

Richmond, VA, 23220
$ 1,250,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 8,732

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Multi-Family Home for sale in Richmond, VA

for $1,250,000 with 8 bedrooms. This home was built in 1921 on a lot size of 0.05.

111 S Stafford Ave is a Revitalized and Reconstructed Quad now available in the Fan District! This corner lot building is designed for an Owner-occupant or Investor looking to add a foundational purchase to their portfolio. This building features fully permitted construction, was taken down to the studs, and revamped meticulously. The building features brand-new "MEPs" (HVAC, Electrical, Plumbing), new studs, all new subflooring, new insulation, a new TPO roof, new windows, new kitchens/bathrooms, new appliances, new deck/balconies, and much more! Units are separately metered (four water meters and five electric meters). The building features 24-hour alleyway lighting (security/surveillance ready) and privacy fenced. All appliances, including all washers/dryers, convey. Three current leases are in place and convey! The 4th unit awaits your vision, whether to live in or embark on a Short-Term/Mid-Term Rental strategy. All units are deemed 2 bedrooms, 1 bath, beautifully designed with in-unit laundry, featuring exposed brick styling and all-new finishes. Top-level units feature private balconies and deck space. Downstairs units feature private backyard space. 111 S Stafford Ave is walking distance (yes, walking distance!) to Carytown, Byrd Park, and Museums - among some of the other hottest fan attractions nearby. You are amidst a long-standing community with consistent new and emerging area development! Directly adjacent to W Cary St, near Arthur Ashe Blvd, close to bus lines, major highways, and more. This building is a testament to timeless elegance fused with charm and modern convenience. Get in early! This area of the Fan is just going to continue to grow. Rare opportunity! - This can be yours - Schedule your showing today!

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 7,812

Style

Contemporary

Lot Size

0.05

Year Built

1921

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

VARC2000486

Features
General
Interior Features Combination Kitchen/Dining Floor Plan - Open Kitchen - Galley Kitchen - Gourmet Pantry Primary Bath(s) Recessed Lighting Upgraded Countertops Ceiling Fan(s)
Sewer Public Sewer
Heating Central Energy Star Heating System
Cooling Central A/C Energy Star Cooling System
Possession Settlement
Roof Flat
Appliances Built-In Microwave Dishwasher Disposal Dryer - Electric Energy Efficient Appliances ENERGY STAR Refrigerator ENERGY STAR Dishwasher Exhaust Fan Oven/Range - Electric Refrigerator Stainless Steel Appl
Exterior Features Exterior Lighting Chimney Cap(s) Gutter System
Zoning 63
Pool Y/N No Pool
Architectural Style Contemporary
Construction Materials Brick
Year Built 1921
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 90000.00
Accessibility None
County RICHMOND CITY
New Construction Y
Property Type Multi-Family
Energy Efficient Construction Appliances Flooring HVAC Lighting
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 16
Status ACTIVE
Directions Turn left onto N Blvd S/N Arthur Ashe Blvd S Pass by Gelati Celesti Ice Cream (on the right in 0.5 mi) 1.5 mi Continue straight onto N Blvd S/N Arthur Ashe Blvd 0.2 mi Turn left onto W Cary St 0.3 mi
City RICHMOND
Buyer Agent Compensation 2
Total Units 4
Lot Size Square Feet 2320.00
Waterfront Y/N N
Number of Units Leased 3
Street Name STAFFORD
Tax Annual Amount 7812.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 4
Structure Type End of Row/Townhouse
Price Per Sq Ft 402.71
Acceptable Financing Cash Conventional FHA Bank Portfolio
Construction Completed Y/N Y
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 1
Location Type Urban
Lease Type Long Term Yearly
Standard Status Active
Year Built Source Estimated
Total Actual Rent 90000.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Flooring Luxury Vinyl Plank
Hot Water Electric
Total Stories 2
Furnished Units None
Heating Y/N Y
Window Features Energy Efficient Low-E
Fireplace Y/N N
Street Suffix AVENUE
Central Air Y/N Y
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Exterior
Water Source Public
Inclusions Appliances Leases Security Deposits
Type of Parking Off Street On Street Off Site
Foundation Details Crawl Space
Water View Y/N N
Lot Dimensions 40.00 x 58.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 255000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Fathom Realty

Broker

czs.realestate@gmail.com

Email

Affordability Calculator

$9,383
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$651
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
4658840 Elementary School
4658833 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$1,250,000 Listed Price

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111 S Stafford Avenue, Richmond, VA, 23220 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.05. 111 S Stafford Avenue has 8 bedrooms, 0.0 baths, and was built in 1921. The property's zip code is 23220 which is in Richmond, VA