Skip To Content

3117 Carolina Avenue

Richmond, VA 23222
  • $545,000
  • STATUS: Pending
  • ON SITE: 54 Days
  • MLS #: 2217733
Pending
UPDATED: 40 min ago
$545,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,852
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Information

Elementary School:
Middle School:
High School:

Description

Northside value-add opportunity3117 Carolina Ave is an ideal opportunity to purchase a fully leased multifamily asset with immediate upside in Richmonds rapidly revitalizing Highland Park neighborhood. Located just a few blocks from neighborhood hub, "Six Points, and just a mile from several popular destinations and eateries along Brookland Park Boulevard, this investment is favorably poised to capitalize both on its location and ascending market positioning. Originally constructed in 1928, 3117 Carolina Ave is a rare "built-as quadplex asset amongst market peers, comprised of four (4) 2 bedroom/1 bath units featuring spacious floor plans, hardwood floors, central heating/air conditioning, private balconies, and ample off street parking. All utilities are separately metered, including water/sewer, which provides any incoming operator immediate reduction of typical market expense burden for the property. The current owner has also made several improvements to the property over the last few years including renovations of Units 1 and 4 as well as some capital improvements.

Monthly Payment Calculator



Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2022 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is 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. Data last updated: 2022-08-17T20:57:26.583.
www.villagesells.com/homes/130168907
Print Image

3117 Carolina Avenue Richmond, VA 23222

  • Price: $545,000
  • Status: Pending
  • On Site: 54 Days
  • Updated: 40 min ago
  • MLS #: 2217733
0
Beds
0
Baths
0
½ Baths
0.22
Acres
3,852
SQFT
$141
$/SQFT
1928
Built
Neighborhood:
North Highland Park
County:
Richmond City
Area:
30 - Richmond
Elementary School:
Barack Obama
Middle School:
Henderson
High School:
John Marshall
Property Description
Northside value-add opportunity3117 Carolina Ave is an ideal opportunity to purchase a fully leased multifamily asset with immediate upside in Richmonds rapidly revitalizing Highland Park neighborhood. Located just a few blocks from neighborhood hub, "Six Points, and just a mile from several popular destinations and eateries along Brookland Park Boulevard, this investment is favorably poised to capitalize both on its location and ascending market positioning. Originally constructed in 1928, 3117 Carolina Ave is a rare "built-as quadplex asset amongst market peers, comprised of four (4) 2 bedroom/1 bath units featuring spacious floor plans, hardwood floors, central heating/air conditioning, private balconies, and ample off street parking. All utilities are separately metered, including water/sewer, which provides any incoming operator immediate reduction of typical market expense burden for the property. The current owner has also made several improvements to the property over the last few years including renovations of Units 1 and 4 as well as some capital improvements.
Exterior Features

Architectural Style Two Story Construction Materials Brick Garage YN No Levels Two Roof FlatOther Waterfront YN No

Interior Features

Basement Other Basement YN Yes

Property Features

Ownership Individuals Property Sub Type Quadruplex Sewer Public Sewer Tax Annual Amount 4188 Tax Lot 8 Tax Year 2021 Water Source Public Zoning Description R-6

Central Virginia Regional MLS logo Listing provided by One South Realty Group, Llc: (804) 353-0009. Listing information © 2022 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2022 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is 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. Data last updated: 2022-08-17T20:57:26.583.
 
https://bt-photos.global.ssl.fastly.net/cvrmls/orig_boomver_1_2217733-2.jpg https://bt-photos.global.ssl.fastly.net/cvrmls/orig_boomver_1_2217733-2.jpg https://bt-photos.global.ssl.fastly.net/cvrmls/orig_boomver_1_2217733-2.jpg
Logo
Village Concepts Realty Group
2603 Anderson Highway
Powhatan VA, 23139