406 West Franklin Street

Richmond, VA 23220

$649,950
Price
4
Beds
4
Baths
2,150 Sq. Ft.
$302 / Sq. Ft.
2,150
Sq. Ft.
$302
per Sq. Ft.

Description

You’ll find “The Carriage House” located in RVA’s bustling downtown scene where it’s an easy walk to restaurants, shopping, Monroe Park, VCU, Historic Tredegar and much more! It’s zoned by Richmond City as two tourist homes which makes utilizing sites like AirBnB and VRBO a relative breeze. The building was renovated in 2017, so there’s a nice blend of old world charm and modern conveniences. Each unit offers original hardwood floors, tall ceilings, replacement vinyl windows, white cabinets and SS...You’ll find “The Carriage House” located in RVA’s bustling downtown scene where it’s an easy walk to restaurants, shopping, Monroe Park, VCU, Historic Tredegar and much more! It’s zoned by Richmond City as two tourist homes which makes utilizing sites like AirBnB and VRBO a relative breeze. The building was renovated in 2017, so there’s a nice blend of old world charm and modern conveniences. Each unit offers original hardwood floors, tall ceilings, replacement vinyl windows, white cabinets and SS appliances in the kitchen, in-unit washer/dryer, spacious bedrooms, and on-trend bathrooms. Plumbing, electrical, HVAC, and new walls were all completed during the 2017 renovation and the roof was replaced in 2022. “The Carriage House” offers up a lot of old Richmond charm, but it’s also a savvy move for investors looking to expand in the RVA market!
  1. Listed by Ernie Chamberlain • Hometown Realty
    P: 804-921-4307 C: 804-921-4307 echamberlain@htrsi.com

Property Details for 406 West Franklin Street

Architectural Style
Two Story
Subdivision Name
None
Waterfront
No

Location

Listing Courtesy of Hometown Realty, Ernie Chamberlain
Add your commute
LISTING UPDATED: 05/24/2024 09:07 AM

Property Details for 406 West Franklin Street

StatusPending
MLS #2412591
Days on Market8
Taxes$5,652 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Familly
MLS TypeResidential Income / Duplex
Year Built1910
Lot Size0.03 AC / 1,354 SF
CountyRichmond city

Location

Listing Courtesy of Hometown Realty, Ernie Chamberlain
Add your commute

Building Information for 406 West Franklin Street

Stories2Residences2Year Built1910Lot Size0.03 AC / 1,354 SF

Payment Calculator

$4,018 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$471

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 406 West Franklin Street

Summary
Location and General Information
  • City: Richmond
  • City Region: Monroe Ward
  • County Or Parish: Richmond City
  • Directions: Take W Franklin and go by the Manor House located at 406 W Franklin. Go down to Madison St and make a left. Take the next left on W Grace. Take the first left onto Monroe St. Take the alley on your right.
  • Latitude: 37.546464
  • Longitude: -77.447185
  • Postal City: Richmond
  • Postal Code: 23220
  • Postal Code Plus4: 4906
  • State Or Province: VA
  • Unparsed Address: 406 W Franklin St
  • Zoning Description: R-03
Taxes and HOA Information
  • Parcel Number: W000-0214-027
  • Tax Annual Amount: $5,652.00
  • Tax Assessed Value: $578,000.00
  • Tax Legal Description: COMMONWEALTH HOUSE MASTER UNIT 2
  • Tax Year: 2023
School Information
  • Elementary School: Fox
  • High School: Thomas Jefferson
  • Middle Or Junior School: Dogwood
Parking
  • Garage: No
  • Parking Features: Assigned, Guest
  • Garage Parking Features: Assigned, Guest
Property
Lot Information
  • Living Area: 2,150.00
  • Lot Size Acres: 0.0311
  • Lot Size Area: 0.0311
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Duplex
Property and Assessments
  • Number Of Units Total: 2
  • Type of Property: Residential Income
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1910
  • Year Built Details: Actual
  • C L I P: 6,624,900,775
  • Development Name: Monroe Ward
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced, Privacy, Wrought Iron
  • Roof: Asphalt, Shingle
Interior Features
  • Basement Y N: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Interior Features: Bedroomon Main Level, Breakfast Area, Ceiling Fans, Dining Area, Granite Counters, High Ceilings, Recessed Lighting
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Levels: Two
  • Window Features: Thermal Windows
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Electric,Heat Pump
  • Unit Type Actual Rent 1: $3,200.00
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
  • Unit Type Leased 1: No
  • Unit Type Num Full Baths 1: 2
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 1114.0
  • Unit Type Actual Rent Range 1: 3200
Unit 2
  • Unit Type Description 2: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Electric,Heat Pump
  • Unit Type Actual Rent 2: $3,200.00
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 2
  • Unit Type Leased 2: No
  • Unit Type Num Full Baths 2: 2
  • Unit Type Num Half Baths 2: 0
  • Unit Type Area 2: 1036.0
  • Unit Type Actual Rent Range 2: 3200
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 406 West Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 406 West Franklin Street

Taxable ValueLand$256,000Additions$812,000Total$1,068,000
Tax Record2020$20 ($2 / month)
Home Facts
Total Finished SqFt9,228 SqFtAbove Grade Finished SqFt9,228 SqFtStories1Lot Size4,221 SqFtStyleMiscellaneous CommercialYear Built1910ZoningR-03 RESIDENTCountyRICHMOND CITYAPNW-000-0214-026

Schools near 406 West Franklin Street

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
William Fox Elementary School
PublicPK to 5

Binford Middle School
Public6 to 8

Thomas Jefferson High School
Public9 to 12

Open High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Hometown Realty, Ernie Chamberlain

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.