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3418 Carolina Avenue, Richmond, VA 23222

$475,000
  • 3418 Carolina Avenue, Richmond, VA 23222 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET3,990 MLS#2624612
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Discover a turnkey investment opportunity in Richmond's desirable Northside. This well-maintained duplex features a two-bedroom, one-bath first-floor residence currently leased for $1,583 per month and a three-bedroom, one-bath second-floor residence leased for $1,715 per month, generating total monthly rental income of $3,298. The first-floor unit was fully renovated in 2019, while the second-floor unit underwent a comprehensive renovation in 2023. Improvements include updated HVAC systems, white shaker cabinetry, granite countertops, stainless steel appliances, updated flooring, renovated bathrooms, modern lighting, and refreshed finishes throughout. The rear alley provides off-street parking for up to four vehicles. With strong in-place income and extensive renovations already completed, this property offers an attractive opportunity for investors or owner-occupants seeking supplemental rental income in Richmond's Northside.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space, Partial
Basement: Yes
Home Style: Two Story
Lot Size: 0.23 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $4,872
Year Built: 1920

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 3
Exterior: Block, Vinyl Siding, Wood Siding
Parcel#: N000-1161-002
Patio/Porch: Deck, Front Porch
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: John Marshall
Middle School: Henderson
Elementary School: Barack Obama

Listed By / Shown By

Listed By

Agency Name: One South Commercial LLC

Shown By

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

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Estimated Payment

$ 1,601.69 per month $1,057.14 Principal & Interest $406.00 Property Tax $138.54 Homeowner's Insurance

Change Payment Information

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