Real Estate Investors and Parents of VCU Students rental property this close to the university can be a little gold mine of cash flow! This historic income producing two-unit, 2-story, semi-detached rowhouse in Jackson Ward, located just a couple of blocks from VCU, the Art District and interstate access, will certainly be one of the more sure bets to boost your portfolio. Unit 1 is ground level, has 1,400 SF, 2 bedrooms and 1 bathroom, plus a formal living room and 2 spacious covered porches, while Unit 2 is second level, consists of 1,402 SF, 2 bedrooms and 1 bathroom, plus a formal living room, a front parlor--perfect for an office or studio and 2 private covered balconies. Both units feature a separate formal dining room with HUGE walk-in closet (which could EASILY be used as a 3rd bedroom to generate addl rental income) replacement windows, ceiling fans in most rooms, and, are dressed with original detailing such as fireplace mantles, wood floors, glass window panes, moulding and pocket doors. Modified Bitumen roof installed about 2005, re-coated 2015. If youve been exploring your investment options, the RIGHT CHOICE is RIGHT HERE!
Off market
$542,300
514 W Clay St, Richmond, VA 23220
--beds
0baths
2,802sqft
MultiFamily
Built in 1900
-- sqft lot
$542,300 Zestimate®
$194/sqft
$1,515 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump
Cooling
- Central
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,802 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 2,700 sqft
Details
- Parcel number: N0000242020
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Foundation: Crawl/Raised
- Roof: Metal
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Richmond
Services availability
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Estimated market value
$542,300