700 W 44TH Street Richmond, VA $ 2,200,000
700 W 44TH Street
$ 2,200,000
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700 W 44TH Street

Richmond, VA, 23225
$ 2,200,000
Baths0.0

Monthly Estimate*

$ 15,368

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Studio

Lots and Land for sale in Richmond, VA

for $2,200,000. The lot size is 6.58.

This listing offers an extremely unique opportunity to build high density rental or for sale product less than four miles from Downtown Richmond. Located in the fast growing and popular Northrop/Forest Hill Terrace neighborhoods, this 6.6 acre parcel features completed title work and clean phase 1. The property is currently zoned R-48 Multifamily and offers the flexibility for development for rental or for sale products. Current zoning permits up to 140 units multifamily units to be developed on the 6.6 acre parcel. Alternatively, the property could potentially be subdivided into an estimated 35 single-family detached parcels or 65 attached parcels and units.

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Lots and Land Pending

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 624

Style

Land

Lot Size

6.58

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

1935787

Features
General
Sewer None
Electric None
Tax Year 2019
Percent Ownership Corporate
County Richmond City
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name Forest Hill Terrace
Garage Y/N N
Status Pending
High School Wythe
View Y/N N
Senior Community Y/N N
Zoning Description R-48
MLS Area 60 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name 44th
Elementary School Westover Hills
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 624.0
Home Warranty Y/N N
Middle/Junior High School Lucille Brown
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 564
Standard Status Pending
Tax Assessed Value 52000
Ownership Type Corporation
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Exterior
Water Source None
Lot Size Area 6.58
Spa N
Lot Size Acres 6.58
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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Interior
Basement (Y/N) N
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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* Excluded Features
List By
Lory Markham

Listing Agent

One South Realty Group, Llc

Broker

lory.markham@onesouthrealty.com

Email

Affordability Calculator

$15,420
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,368
Monthly Property Taxes
$52
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
1821352 Elementary School
2310098 Middle School
Wythe High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2019$2,200,000 Listed Price

Map


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700 W 44TH Street, Richmond, VA, 23225 is a Lots and Land for sale at $2,200,000 with a lot size of 6.58. 700 W 44TH Street is a studio with 0.0 baths. The property's zip code is 23225 which is in Richmond, VA