509 W Clay Street Richmond, VA $ 799,950
509 W Clay Street
$ 799,950
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509 W Clay Street

Richmond, VA, 23220
$ 799,950
Baths0.0 Sq 3,793

Monthly Estimate*

$ 5,588

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Studio

Multi-Family Home for sale in Richmond, VA

for $799,950. This 3,793 square foot home was built in 1859 on a lot size of 0.105.

Come see this amazing multi family opportunity in Richmond's Arts District in Jackson Ward conveniently located between the main VCU academic campus and VCU medical center. This 3793sqft duplex was totally renovated 2015 buy the current owner/builder with new wiring, plumbing, HVAC, kitchens and baths while maintaining the unique details that provide it's historic charm. The front unit features 2400sqft with 4 bedrooms, 3 renovated tiled full baths, kitchen with granite counters and stainless appliances, spread out over three floors including an english walkout basement plus washer/dryer in the unit. The rear two story unit features 1393sqft with 3 bedrooms, one with a huge walk-in closet, 2 renovated tiled full baths, eat-in kitchen with granite counters, stainless appliances and glassed in breakfast nook, two tier balconies, washer/dryer in the unit plus an expiring lease during peak rental season for immediate income growth. This is a tremendous opportunity to add to an existing portfolio or start a new one, without the need for renovations, in a prime location where demand greatly exceeds supply.

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Multi-Family Active

Price

$ 799,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,832

Style

Row House

Lot Size

0.105

Year Built

1859

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2411953

Features
General
Interior Features EatinKitchen GraniteCounters HighCeilings WalkInClosets
Sewer PublicSewer
Roof Flat
Appliances GasWaterHeater
Patio/Porch Features Balcony FrontPorch SidePorch
Architectural Style RowHouse
Construction Materials Brick
Year Built 1859
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2023
Percent Ownership Individuals
County Richmond City
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions W Clay between Henry St and Belvidere
High School Thomas Jefferson
View Y/N N
Senior Community Y/N N
Zoning Description R-6
Total Units 2
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Clay
Elementary School Carver
Property Attached Y/N N
Year Built Details Approximate
Land Lease Y/N N
Tax Annual Amount 5832.0
Home Warranty Y/N N
Middle/Junior High School Dogwood
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 4
Structure Type Townhouse
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 527000
Ownership Type SoleProprietor
Property Sub Type Additional Duplex
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Interior
Basement Finished Partial
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Below Grade Finished Area 740.0
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features OffStreet
Water Source Public
Lot Size Area 0.105
Spa N
Lot Size Acres 0.105
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Will Hamnett

Listing Agent

Hamnett Properties

Broker

will@willhamnett.com

Email

Affordability Calculator

$6,074
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$486
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1922498 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$799,950 Listed Price

Map


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509 W Clay Street, Richmond, VA, 23220 is a Multi-Family Home for sale at $799,950 with 3,793 sqft and a lot size of 0.105. 509 W Clay Street is a studio with 0.0 baths and was built in 1859. The property's zip code is 23220 which is in Richmond, VA