3418 Carolina Avenue, Richmond, VA 23222

$475,000
3,990
SqFt

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List Price
$475,000
MLS#
CVR-2624612
Year Built
1920
Stories
2
Living Area
3,990
Acres
0.23
Region
30 - Richmond

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.

Additional Information

Taxes
$4,872
Appliances
Electric Water Heater
Roof
Asphalt, Shingle
Elementary School
Barack Obama
Middle School
Henderson
High School
John Marshall

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Calculator source: Real Geeks

Listing courtesy of One South Commercial LLC.