New Construction - Eco Friendly
Listed By:
Fathom Realty
Address
111 S Stafford Avenue, Richmond, VA
Price
$ 1,250,000
Property Attributes
  • MLS#VARC2000486
  • TypeMulti-Family
  • CountyRICHMOND CITY
  • CityRichmond
  • Zip23220
  • StyleContemporary
  • Year Built1921
  • Taxes$ 7812
  • Price$ 1,250,000
  • Bedrooms8
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.05 Acres
Data Source:
Bright MLS
Property Description

111 S Stafford Ave is a Revitalized and Reconstructed Quad now available in the Fan District! This corner lot building is designed for an Owner-occupant or Investor looking to add a foundational purchase to their portfolio. This building features fully permitted construction, was taken down to the studs, and revamped meticulously. The building features brand-new "MEPs" (HVAC, Electrical, Plumbing), new studs, all new subflooring, new insulation, a new TPO roof, new windows, new kitchens/bathrooms, new appliances, new deck/balconies, and much more! Units are separately metered (four water meters and five electric meters). The building features 24-hour alleyway lighting (security/surveillance ready) and privacy fenced. All appliances, including all washers/dryers, convey. Three current leases are in place and convey! The 4th unit awaits your vision, whether to live in or embark on a Short-Term/Mid-Term Rental strategy. All units are deemed 2 bedrooms, 1 bath, beautifully designed with in-unit laundry, featuring exposed brick styling and all-new finishes. Top-level units feature private balconies and deck space. Downstairs units feature private backyard space. 111 S Stafford Ave is walking distance (yes, walking distance!) to Carytown, Byrd Park, and Museums - among some of the other hottest fan attractions nearby. You are amidst a long-standing community with consistent new and emerging area development! Directly adjacent to W Cary St, near Arthur Ashe Blvd, close to bus lines, major highways, and more. This building is a testament to timeless elegance fused with charm and modern convenience. Get in early! This area of the Fan is just going to continue to grow. Rare opportunity! - This can be yours - Schedule your showing today!

Elementary School Middle School High School
Mary Munford Elementary School Binford Middle School Thomas Jefferson High School
Price History
5/2/2024 Listed $1,250,000

General Features

Interior Features Combination Kitchen/Dining,Floor Plan - Open,Kitchen - Galley,Kitchen - Gourmet,Pantry,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Ceiling Fan(s)
Sewer Public Sewer
Heating Central,Energy Star Heating System
Cooling Central A/C,Energy Star Cooling System
Possession Settlement
Roof Flat
Appliances Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Energy Efficient Appliances,ENERGY STAR Refrigerator,ENERGY STAR Dishwasher,Exhaust Fan,Oven/Range - Electric,Refrigerator,Stainless Steel Appl
Exterior Features Exterior Lighting,Chimney Cap(s),Gutter System
Zoning 63
Pool Y/N No Pool
Architectural Style Contemporary
Construction Materials Brick
Year Built 1921
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 90000.00
OwnerPays Other
Accessibility None
County RICHMOND CITY
New Construction Yes
Property Type Multi-Family
Energy Efficient Construction,Appliances,Flooring,HVAC,Lighting
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Transportation Bus Stop less than 1 mile,Airport less than 10 miles
Total Rooms 16
Status ACTIVE
Directions Turn left onto N Blvd S/N Arthur Ashe Blvd S Pass by Gelati Celesti Ice Cream (on the right in 0.5 mi) 1.5 mi Continue straight onto N Blvd S/N Arthur Ashe Blvd 0.2 mi Turn left onto W Cary St 0.3 mi
ModificationTimestamp 2024-05-02T00:16:16
City RICHMOND
Buyer Agent Compensation 2
Total Units 4
Lot Size Square Feet 2320.00
Tax Assessed Value 651000.0
Waterfront Y/N No
Number of Units Leased 3
Street Name STAFFORD
Tax Annual Amount 7812.0
Home Warranty Y/N No
Property Condition Excellent
Two Bedroom 4
Structure Type End of Row/Townhouse
NumberOfUnitsVacant 1
Price Per Sq Ft 402.71
Acceptable Financing Cash,Conventional,FHA,Bank Portfolio
Construction Completed Y/N Yes
Historic Y/N No
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 3104
Days on Market 1
Location Type Urban
Lease Type Long Term,Yearly
Standard Status Active
Year Built Source Estimated
Total Actual Rent 90000.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Flooring Luxury Vinyl Plank
Hot Water Electric
Total Stories 2
Furnished Units None
Heating Y/N Yes
Window Features Energy Efficient,Low-E
Fireplace Y/N No
Street Suffix AVENUE
Central Air Y/N Yes
LivingAreaSource Assessor

Exterior Features

Water Source Public
Inclusions Appliances,Leases,Security Deposits
Type of Parking Off Street,On Street,Off Site
Land Use Code 004
Foundation Details Crawl Space
Water View Y/N No
Lot Dimensions 40.00 x 58.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 255000.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 23220

Price
AVG $1.25M
$1.25M
Taxes
AVG $7,812
$7,812
Visits
AVG 119
118
Data Provided by Inside Real Estate®
Year Built
AVG 1921
1921

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Download iOS Download Android

Your Agent

Dolores Chavez

Dolores Chavez

REALTOR®SALESPERSON

443-998-9213

Areas We Cover

Show More...