111 S Stafford Avenue Richmond, VA $ 1,250,000
111 S Stafford Avenue
$ 1,250,000
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111 S Stafford Avenue

Richmond, VA, 23220
$ 1,250,000
Baths0.0 Sq 3,104

Monthly Estimate*

$ 8,732

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Studio

Multi-Family Home for sale in Richmond, VA

for $1,250,000. This 3,104 square foot home was built in 2024.

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!

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 594,000

Style

Quadruplex

Year Built

2024

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2410967

Features
General
Interior Features BedroomonMainLevel CeilingFans DiningArea EatinKitchen GraniteCounters HighCeilings MainLevelPrimary Pantry RecessedLighting
Sewer PublicSewer
Roof Flat
Appliances ElectricWaterHeater
Exterior Features Awnings Lighting
Patio/Porch Features Balcony Deck FrontPorch
Architectural Style Modern TwoStory
Security Features FireSprinklerSystem
Construction Materials Brick Drywall
Year Built 2024
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2024
Percent Ownership Corporate
Gross Income 90000.0
Community Features CommonGroundsArea MaintainedCommunity StreetLights
County Richmond City
New Construction N
Property Type ResidentialIncome
Association Amenities Landscaping
HOA / Comm Assn N
Attached Garage N
Subdivision Name Stafford Place
Garage Y/N N
Status Active
High School Thomas Jefferson
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Stafford
Elementary School Munford
Property Attached Y/N N
Year Built Details Renovated
Land Lease Y/N N
Tax Annual Amount 594000.0
Home Warranty Y/N N
Middle/Junior High School Dogwood
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 2
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 594000
Ownership Type Corporation
Property Sub Type Additional Quadruplex
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Interior
Basement CrawlSpace
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Window Features ThermalWindows
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Avenue
Laundry Features WasherHookup DryerHookup
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing BackYard Fenced Partial
Parking Features OffStreet OnStreet
Lot Features CornerLot
Water Source Public
Spa N
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Chris Symeonides

Listing Agent

Fathom Realty Virginia

Broker

czs.realestate@gmail.com

Email

Affordability Calculator

$58,232
Per Month
15%
85%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$49,500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
243605 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$1,250,000 Listed Price

Map


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111 S Stafford Avenue, Richmond, VA, 23220 is a Multi-Family Home for sale at $1,250,000 with 3,104 sqft. 111 S Stafford Avenue is a studio with 0.0 baths and was built in 2024. The property's zip code is 23220 which is in Richmond, VA