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1620 W Cary Street , Richmond, VA 23220

$649,000
  • 1620 W Cary Street , Richmond, VA 23220 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,688 MLS#2626681
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Investor's Dream! Looking to add to your portfolio or dive into the rental market? This turn-key investment opportunity is located in the heart of Richmond's vibrant Fan/VCU area. Loaded with historic charm, the home welcomes you with original wrought-iron gates and fencing. Enjoy immediate, established rental income with reliable, long-term tenants currently leased through August 1, 2027-offering substantial upside potential for future rent increases in a consistently high-demand location minutes from top dining, shopping, entertainment, and universities. This classic brick rowhome features approximately 1,688 sq. ft. across two spacious levels, offering 4 bedrooms and 2 full bathrooms. Inside, you'll find classic historic details including original hardwood floors, high ceilings, exposed brick, non-working fireplaces, large windows with new blinds, and generously sized rooms. A dedicated second-floor laundry room includes the washer, dryer, and built-in shelving. Out back, the rear deck provides great outdoor space for grilling or relaxing, leading directly to a private parking area with 2 off-street parking spaces-a rare and valuable commodity in this neighborhood! The property features major full-gut updates (electrical, plumbing, HVAC, and appliances) alongside a long list of recent September 2026 improvements, including a powerwashed and resealed roof (Apoc 576 premium silicone), freshly painted front and back doors, repaired decorative exterior cement and trim, powerwashed front façade, new HVAC vent covers, updated bathroom lighting, and sealed hallway skylight. Just down the block from Nate's Bagels and steps from Carytown, Maymont, and the Museum District, this is an unbeatable opportunity to acquire a high-performing asset in one of Richmond's most sought-after rental corridors.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Central Air
Fenced: Yes
Fireplaces: 5
Heating: Forced Air, Natural Gas
Home Style: Row House
Lot Size: 0.04 Acres
Roof Type: Flat, Metal, Slate
Stories: 2.0
Taxes: $6,504
Year Built: 1900

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 6
Exterior: Brick, Drywall, Frame
Exterior: Porch
Fencing: Fenced, Full, Wood, Wrought Iron
Fireplace: Decorative, Masonry
Floor Features: Linoleum, Wood
Interior: Bedroom on Main Level, En Suite Bathroom, Full Bath on Main Level, High Ceilings
Parcel#: W000-0658-034
Parking: Assigned, Off Street
Patio/Porch: Rear Porch, Patio, Porch
Sewer: Public Sewer
Water: Public

Local Schools

High School: Thomas Jefferson
Middle School: Albert Hill
Elementary School: Fox

Listed By / Shown By

Listed By

Agency Name: Long & Foster REALTORS
Agency Contact: (804) 399-8479

Shown By

Agency Title: Napier Realtors ERA
Agency Phone: 804-794-4531

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Estimated Payment

$ 2,175.68 per month $1,444.39 Principal & Interest $542.00 Property Tax $189.29 Homeowner's Insurance

Change Payment Information

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