UNDER CONTRACT | 1603 W Main St Richmond, VA 23220

$395000

Multi-Family
Property Type


Units

.05 AC
Parcel

1,724 SF
GBA

Inactive Listing

About This Property

Unique Fan Duplex Opportunity for Investors and Owner Occupants.

Currently used as residential multifamily and has the potential use as commercial business (UB-PO3 Zoning District). Featuring one bedroom floor plans both up and down, the property is primed for value add. Short term leases in place. Downstairs unit will be vacant at closing. Upstairs will be vacant on June 13, 2021. Market rent in current condition for this property would be $1,000 a month. Separately metered for gas and electric. Off street parking available in rear of property. Walking distance to VCU Monroe Park Campus, premier dining and fan establishments.

Additional Information

94
Walkability

49
Transit

Units 2
Parcel ID W000-0658-016
Const. Materials Brick
Zoning Desc. 35
Construction Date 1900
Co-broker Fee Yes

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