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3516 Floyd AVE Richmond, VA 23221
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Key Details
Sold Price $630,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $307
MLS Listing ID 2426823
Sold Date 10/31/24
Style Two Story
Construction Status Actual
HOA Y/N No
Year Built 1954
Annual Tax Amount $6,708
Tax Year 2024
Lot Size 4,678 Sqft
Acres 0.1074
Property Sub-Type Duplex
Property Description
Welcome to 3516 Floyd Avenue, this duplex is conveniently located in the Museum District, one block from Carytown. Located directly across from Fresh Market, Chipotle, Publix, Starbucks, Burton's Grill & Bar and much more. TWO UNITS, each comprised of 2 bedrooms, 1 bath, washer/dryer, hardwood floors throughout, and private deck/patio. Totals 2,050 SF. Recent rents were $1,685 and $1,700 per unit per month. Historically there has been 0 vacancy with rent increases including during the pandemic. Both units are currently vacant to allow maximum flexibility to buyers, whether they are seeking owner-occupancy, new leases with tenants of their choice, AirBnB rental, redevelopment into a single family home, or a combination. Seller is open to providing tenants at closing. Recent CapEx includes: HVAC (both); hot water tanks (both); roof (2020), and miscellaneous items (bathroom vanities, washer/dryer in one unit, dishwasher in one unit). Additional value-add possible through light remodel.
Location
State VA
County Richmond City
Area 10 - Richmond
Direction Heading downtown, take Cary E. to Left on Thompson right on Floyd to 3516.
Rooms
Basement Crawl Space
Interior
Interior Features Bedroom on Main Level, Ceiling Fan(s), Dining Area, High Speed Internet, Main Level Primary, Wired for Data
Window Features Thermal Windows
Appliance Water Heater
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Storage, Unpaved Driveway
Fence Back Yard, Chain Link, Fenced
Roof Type Shingle
Porch Rear Porch, Deck, Front Porch
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Brick,Drywall,Frame
Construction Status Actual
Schools
Elementary Schools Lois-Harrison Jones
Middle Schools Albert Hill
High Schools Thomas Jefferson
Others
Tax ID W000-1602-040
Ownership Individuals
Financing Cash
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Bought with Taylor Homes
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