Richmond, VA 23220,2518 Grove AVE

$915,000

Est. payment /mo

$810,000

13.0%
Est.Price: ?

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2518 Grove AVE Richmond, VA 23220

3,802 SqFt

SOLD DATE : 05/31/2022

Key Details

Sold Price $915,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,802 sqft

Price per Sqft $240

MLS Listing ID 2208841

Sold Date 05/31/22

Style Victorian

Construction Status Actual

HOA Y/N No

Year Built 1910

Annual Tax Amount $7,212

Tax Year 2021

Lot Size 4,495 Sqft

Acres 0.1032

Property Description

Fantastic Triplex in the Heart of the Fan! Rent all 3 units for a monthly income of over $4600 or "house hack" and live in 1 and have your tenants pay your mortgage! Incredible Airbnb opportunity as well! All 3 units are currently rented through 7/31/2022. Unit 3 is a showstopper, with renovated Kitchen, Granite counters, in-unit w/d, stunning hardwoods and soaring high ceilings! Natural light fills the space beautifully and with almost 2000 sqft it’s a real gem for city living! The lower level Units 1 and 2 are perfect for young professionals, graduate students or AirBNB! Ideal location to anything and everything the city has to offer! Lower units share basement w/d. Building offers 2 off street parking spots! Other mentionables: New Roof in 2011 with 20 year labor guarantee from Nathan's Roofing. Roof parapet wall re-done, 2017. Full basement offers tons of storage space for tenants. Current rent totals over $4600 a month but with a little updating these rents could be considerably higher. These Triplexes don’t come up often! Don’t miss out on this opportunity!

Location

State VA

County Richmond City

Area 10 - Richmond

Rooms

Basement Full

Interior

Interior Features Bedroom on Main Level, Dining Area, Eat-in Kitchen, High Ceilings, Laminate Counters, Main Level Primary, Solid Surface Counters

Appliance Gas Water Heater

Laundry Dryer Hookup

Exterior

Fence Back Yard, Fenced

Waterfront No

Roof Type Pitched,Slate

Porch Front Porch

Parking Type Off Street, On Street

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories Two

Structure Type Brick,Block,Drywall,Plaster

Construction Status Actual

Schools

Elementary Schools Fox

Middle Schools Binford

High Schools Thomas Jefferson

Others

Tax ID W000-1122-023

Ownership Individuals

Financing Conventional

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Central Virginia Regional MLS (CVR MLS)
Listed by EXP Realty LLC
Bought with Boyd Realty Group

The Lemus Group .

Team Lead | License ID: 0225228080

+1(804) 482-9539

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