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111 S Stafford Avenue

RICHMOND, VA 23220
  • $1,250,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: VARC2000486
$1,250,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,104
    SQFT
  • $403
    $/SQFT
Type:
Multi-Family
Built:
1921
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AJ Team Realty | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-17T23:56:44.83.
www.ajteamrealty.com/homes/150112019
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111 S Stafford Avenue RICHMOND, VA 23220

  • Price: $1,250,000
  • Status: Active
  • On Site: 15 Days
  • ID#: VARC2000486
0
Beds
0
Baths
0
½ Baths
0.05
Acres
3,104
SQFT
$403
$/SQFT
1921
Built
County:
Richmond City
Elementary School:
Mary Munford
Middle School:
Binford
High School:
Thomas Jefferson
School District:
Richmond City Public Schools
Property Description
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!
Exterior Features

Architectural Style Contemporary Construction Materials Brick Exterior Features Exterior LightingChimney Cap(s)Gutter System Garage YN No Location Type Urban Parking Types Off StreetOn StreetOff Site Pool No Pool Property Condition Excellent Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3104 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricEnergy Efficient AppliancesENERGY STAR RefrigeratorENERGY STAR DishwasherExhaust FanOven/Range - ElectricRefrigeratorStainless Steel AppliancesWasherWasher/Dryer StackedWater Heater - High-EfficiencyWater Heater Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CEnergy Star Cooling System Fireplace YN No Flooring Luxury Vinyl Plank Heating CentralEnergy Star Heating System Heating YN Yes Inclusions AppliancesLeasesSecurity Deposits Interior Features Combination Kitchen/DiningFloor Plan - OpenKitchen - GalleyKitchen - GourmetPantryPrimary Bath(s)Recessed LightingUpgraded CountertopsCeiling Fan(s) Rooms Total 16 Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 4 Units Furnished None Walls Ceilings Dry Wall9'+ CeilingsMasonryBrick

Property Features

Acceptable Financing CashConventionalFHABank Portfolio Accessibility Features None Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Existing Lease Type Long TermYearly Foundation Details Crawl Space Green Energy Efficient ConstructionAppliancesFlooringHVACLighting Gross Income 90000.00 Heating Fuel Electric Historic YN No Hot Water Electric Navigable Water YN N New Construction YN Yes Number Of Units Leased 3 Number Of Units Total 4 Number Of Units Vacant 1 Operating Expense Includes Insurance Original MLSNumber 803037658220 Owner Pays Other Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 7812.00 Total Actual Rent 90000.00 Transportation Bus Stop less than 1 mileAirport less than 10 miles Vacation Rental YN No Water Source Public Window Features Energy EfficientLow-E Year Built Effective 2024 Zoning 63

Listing courtesy of Fathom Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AJ Team Realty | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-17T23:56:44.83.
 
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