VA > Richmond
Richmond, VA 23223,2303 Venable ST
Richmond, VA 23223,2303 Venable ST
Richmond, VA 23223,2303 Venable ST
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Preston Hernandez

Preston Hernandez

+1(804) 477-9362
$ 325,000
Est. payment | /mo

6 Beds

2 Baths

1,504 SqFt

Save
$ 325,000
Est. payment | /mo
Save

6 Beds

2 Baths

1,504 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,504 sqft

Price per Sqft $216

MLS Listing ID 2417952

Style Row House

Bedrooms 6

Full Baths 2

Construction Status Approximate

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,676

Tax Year 2024

Lot Size 1,393 Sqft

Acres 0.032

Property Description

Step into a piece of history revitalized for modern living with this meticulously renovated historic home, transformed into a thriving PadSplit residence in 2022. Nestled in a prime location along a busline with friendly neighbors and close proximity to parks and grocery stores, this property combines timeless charm with practicality. Boasting 6 bedrooms of varying sizes, each equipped with smart locks for secure and convenient access, it currently generates a robust net monthly income exceeding $3,000. Two full bathrooms, built with durable roofing materials, cater to communal living needs, complemented by a communal outdoor patio. Updated with a new roof in 2015 and essential HVAC, electrical, and plumbing upgrades in 2015/2016, the property ensures minimal maintenance and longevity. Originally intended for student rentals, it has achieved remarkable occupancy rates with only 6 turnovers in its inaugural year, offering stability with tenants able to give one week's notice to vacate. Beyond its current use as a PadSplit, the property offers flexibility as it can also function as a traditional single-family residence, with the PadSplit lease terminable upon one month's notice. Detailed financials and lease agreements are available upon request, making this an ideal investment opportunity or comfortable residence with income potential in a sought-after locale.

Location

State VA

County Richmond City

Area 10 - Richmond

Direction East on Broad St., left on 25th, left on Venable.

Rooms

Basement Other

Interior

Heating Baseboard, Electric

Cooling None

Flooring Wood

Exterior

Pool None

Roof Type Metal,Rubber

Porch Front Porch

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Row House

Level or Stories Two

Structure Type Brick,Wood Siding

New Construction No

Construction Status Approximate

Schools

Elementary Schools Bellevue

Middle Schools Martin Luther King Jr.

High Schools Armstrong

Others

Tax ID E0000427002

Ownership Individuals

Central Virginia Regional MLS (CVR MLS)
Listed by EXP Realty LLC
Preston Hernandez

Agent | License ID: 0225270148

+1(804) 477-9362 | preston@prestonsellsrva.com

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2303 Venable ST