17 S Lombardy Street Richmond, VA $ 795,000
17 S Lombardy Street
$ 795,000
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17 S Lombardy Street

Richmond, VA, 23220
$ 795,000
Baths0.0 Sq 2,848

Monthly Estimate*

$ 5,553

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Studio

Multi-Family Home for sale in Richmond, VA

for $795,000. This 2,848 square foot home was built in 1900 on a lot size of 0.0715.

Invest in the heart of Richmond’s historic Fan District neighborhood with 17 & 19 S Lombardy Street. With strong rental history and cash flow, the property boasts two 3-bedroom, 1-bathroom townhouse style units. The property also includes a back and side yard for residents. The renovation include in-unit washer/dryer, central air and gas forced heat. Historic features like the hardwood floors and fireplace hearths create a distinctive and inviting living experience. The uniqueness of these properties are in short supply and in high rental demand. With a prime location just blocks from Virginia Commonwealth University, this property is an ideal choice for investors looking for a smart investment opportunity and rental upside. Enjoy the convenience of walkability to local restaurants, coffee shops, music venues and museums. Don’t miss out on this rare opportunity to own a piece of Richmond’s rich history and vibrant community.

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Multi-Family Active

Price

$ 795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,460

Style

Two Story

Lot Size

0.0715

Year Built

1900

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2403683

Features
General
Sewer PublicSewer
Roof Flat
Architectural Style TwoStory
Construction Materials Brick
Year Built 1900
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2023
Percent Ownership Individuals
County Richmond City
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
High School Thomas Jefferson
View Y/N N
Senior Community Y/N N
Zoning Description R-7
Total Units 2
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Lombardy
Elementary School Fox
Property Attached Y/N N
Year Built Details Approximate
Land Lease Y/N N
Tax Annual Amount 8460.0
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 41
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 705000
Ownership Type SoleProprietor
Property Sub Type Additional Duplex
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Interior
Basement CrawlSpace
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.0715
Spa N
Lot Size Acres 0.0715
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
Justin Sledd

Listing Agent

One South Commercial Llc

Broker

justin.sledd@onesouthcommercial.com

Email

Affordability Calculator

$6,258
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,553
Monthly Property Taxes
$705
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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Nearby
243578 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$795,000 -3.64% Price Down
2/14/2024$825,000 Listed Price

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17 S Lombardy Street, Richmond, VA, 23220 is a Multi-Family Home for sale at $795,000 with 2,848 sqft and a lot size of 0.0715. 17 S Lombardy Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 23220 which is in Richmond, VA