Lauren Reardon - REMAX Distinctive
7 North Robinson Street
, VA 23220

Description

LIVE BIDDING at the property site, pre-bidding offers not accepted. This income producing fan duplex sells above $275,000 bid. Great investment or owner occupancy opportunity! Located in the heart of Richmond's Fan District on N Robinson Street, less than a block from Retreat Hospital and restaurants such as 3 Monkeys, Helen's and Spoonbread Bistro. Also, a short walk to VMFA, Cary Street Station, Early Bird Biscuit Co, Secco Wine Bar, and Starbucks. This building is an investors dream with consistent 100% occupancy - Spacious units - +/-1,100 s/f each - Apartment #1 has living room, living room, kitchen, 2 bedroom/1 bath apartment with a fenced backyard. - Apartment #2 has open floorplan, kitchen, 1 bedroom/1 bath - Both units equipped with washer/dryer, dishwasher, and central air - Each unit equipped with tons of storage - Gas heat and hot water - Tenants pay all utilities - Tons of light from southern/alley exposure - Total rent: $2,264 per month - 4% annual rent escalations - Recently painted - Roof sealed and painted 2018 - All owned appliances convey

Details

MLS#1831876
Sub-TypeResale
StatusPending
Year1910
Days On Site68

Features

SQ Feet2,308
Units2
Building(s)1

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Area Information

StateVA
Zip Code23220
Area10 - Richmond
Listing VS Median (in 23220)
Price:
$275,000
low | high
Med:
$369,950
15.472727272727% of Average
SqFt:
2,308
low | high
Med:
2,688
33.535528596187% of Average
$ / SqFt:
$119
low | high
Med:
$138
34.49071969697% of Average
On Site:
68
low | high
Med:
18
100% of Average
Listing Updated: 11/16/2018
MLS Number: 1831876
Listing Provided By:
Linda W Terry  of  Tranzon Fox Auctions