$980,000
$989,950
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1827 W Main ST Richmond, VA 23220
3,634 SqFt
Key Details
Sold Price $980,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,634 sqft
Price per Sqft $269
MLS Listing ID 2500420
Sold Date 03/27/25
Style Two Story
Construction Status Approximate
HOA Y/N No
Year Built 1900
Annual Tax Amount $8,916
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
A perfect location in RVA's Fan District and surrounded by neighborhood restaurants and shops, 1827 W Main offers a great opportunity to capitalize on the booming RVA market! You'll take advantage of four total units including three residential apartments and one commercial space. Suite 100 is located on the first floor in the front just as you walk inside. It's a studio apartment with a new kitchen, in-unit laundry, and a stylish full bath w/ tile surround. It currently rents for $1,098/month. Apartment A, located on the first floor and at the end of the hall as you walk inside, is nicely updated and offers hardwood floors, tall ceilings, lots of natural light, two fully renovated bathrooms w/ tile surround, an updated kitchen with white cabinets, granite counters, SS appliances and in-unit laundry. This unit also has exclusive access to a large outdoor patio area and a partial basement that provides additional storage. It currently rents for $1,995/month. Apartment B is located on the second floor and is very similar to Apartment A - two bedrooms, two updated bathrooms, hardwood floors, a stylish kitchen w/ white cabinets and granite counters, and in-unit laundry. It rents for $1,804/month. The second floor is also home to the commercial space that's currently occupied by a strong long term tenant, KV Immigration and Taxes. It's large two room space with original hardwoods, decorative fireplaces, and tall ceilings. A hall bath and kitchenette just outside off the hallway is used by this tenant. It rents for $1,200/month and is month-to-month. 1827 W Main will be a great addition to any portfolio!
Location
State VA
County Richmond City
Area 10 - Richmond
Rooms
Basement Partial, Unfinished
Interior
Interior Features Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Cable TV
Exterior
Fence Back Yard
Roof Type Built-Up
Porch Rear Porch, Front Porch
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Brick
Construction Status Approximate
Schools
Elementary Schools Fox
Middle Schools Dogwood
High Schools Thomas Jefferson
Others
Tax ID W000-0810-002
Ownership Individuals
Financing Other
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