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2303 Venable Street

Richmond, VA 23223
  • $325,000
  • STATUS: Active
  • ON SITE: 113 Days
  • MLS #: 2417952
UPDATED: 105 min ago
$325,000
  • 6
    BEDS
  • 0.03
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,504
    SQFT
  • $216
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:

Description

Step into a piece of history revitalized for modern living with this meticulously renovated historic home, transformed into a thriving PadSplit residence in 2022. Nestled in a prime location along a busline with friendly neighbors and close proximity to parks and grocery stores, this property combines timeless charm with practicality. Boasting 6 bedrooms of varying sizes, each equipped with smart locks for secure and convenient access, it currently generates a robust net monthly income exceeding $3,000. Two full bathrooms, built with durable roofing materials, cater to communal living needs, complemented by a communal outdoor patio. Updated with a new roof in 2015 and essential HVAC, electrical, and plumbing upgrades in 2015/2016, the property ensures minimal maintenance and longevity. Originally intended for student rentals, it has achieved remarkable occupancy rates with only 6 turnovers in its inaugural year, offering stability with tenants able to give one week's notice to vacate. Beyond its current use as a PadSplit, the property offers flexibility as it can also function as a traditional single-family residence, with the PadSplit lease terminable upon one month's notice. Detailed financials and lease agreements are available upon request, making this an ideal investment opportunity or comfortable residence with income potential in a sought-after locale.

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Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-02T23:57:15.3.
www.kevincurriegroup.com/homes/152552661
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2303 Venable Street Richmond, VA 23223

  • Price: $325,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 105 min ago
  • MLS #: 2417952
6
Beds
2
Baths
0
½ Baths
0.03
Acres
1,504
SQFT
$216
$/SQFT
1910
Built
Neighborhood:
None
County:
Richmond City
Area:
10 - Richmond
Elementary School:
Bellevue
Middle School:
Martin Luther King Jr.
High School:
Armstrong
Property Description
Step into a piece of history revitalized for modern living with this meticulously renovated historic home, transformed into a thriving PadSplit residence in 2022. Nestled in a prime location along a busline with friendly neighbors and close proximity to parks and grocery stores, this property combines timeless charm with practicality. Boasting 6 bedrooms of varying sizes, each equipped with smart locks for secure and convenient access, it currently generates a robust net monthly income exceeding $3,000. Two full bathrooms, built with durable roofing materials, cater to communal living needs, complemented by a communal outdoor patio. Updated with a new roof in 2015 and essential HVAC, electrical, and plumbing upgrades in 2015/2016, the property ensures minimal maintenance and longevity. Originally intended for student rentals, it has achieved remarkable occupancy rates with only 6 turnovers in its inaugural year, offering stability with tenants able to give one week's notice to vacate. Beyond its current use as a PadSplit, the property offers flexibility as it can also function as a traditional single-family residence, with the PadSplit lease terminable upon one month's notice. Detailed financials and lease agreements are available upon request, making this an ideal investment opportunity or comfortable residence with income potential in a sought-after locale.
Exterior Features

Architectural Style Row House Construction Materials Brick Wood Siding Garage YN No Levels Two Parking Features No Garage On Street Patio And Porch Features Front Porch Roof Metal Rubber Waterfront YN No

Interior Features

Basement Other Basement YN No Cooling None Cooling YN No Flooring Wood Heating Baseboard Electric Heating YN Yes Rooms Total 6

Property Features

New Construction YN No Occupant Type Tenant Ownership Individuals Pool Features None Property Attached YN Yes Property Condition Resale Property Sub Type Single Family Residence Sewer Public Sewer Structure Type Townhouse Tax Annual Amount 2676 Tax Lot 0 Tax Year 2024 Water Source Public Year Built Details Approximate Zoning Description R-63

Central Virginia Regional MLS logo Listing provided by EXP Realty LLC: (804) 729-5188. Listing information © 2024 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-02T23:57:15.3.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221