1503-1501 Brook Road

Richmond, VA 23220

$995,000
Price
4
Beds
4
Baths
3,872 Sq. Ft.
$257 / Sq. Ft.
3,872
Sq. Ft.
$257
per Sq. Ft.

Description

Great Investment Opportunity in a great location close to two universities, VUU and VCU. Renovated 8 years ago, these 8 apartments are individually metered with Wood and tile floors, Granite countertops, dishwashers, Microwave, Washer & Dryers, Central Air and a fenced back yard. 100% Occupancy makes this a great opportunity for an investor. Tenants have been long term tenants, very little turn over.Great Investment Opportunity in a great location close to two universities, VUU and VCU. Renovated 8 years ago, these 8 apartments are individually metered with Wood and tile floors, Granite countertops, dishwashers, Microwave, Washer & Dryers, Central Air and a fenced back yard. 100% Occupancy makes this a great opportunity for an investor. Tenants have been long term tenants, very little turn over.
  1. Listed by Anahita Johnson • Long & Foster REALTORS
    P: (804) 240-9925 anahita.johnson@longandfoster.com

Property Details for 1503-1501 Brook Road

Architectural Style
Two Story, Low Rise
Subdivision Name
Northside Place
Waterfront
No

Location

Listing Courtesy of Long & Foster REALTORS, Anahita Johnson
Add your commute
LISTING UPDATED: 04/24/2024 01:40 PM

Property Details for 1503-1501 Brook Road

StatusActive
MLS #2404007
Days on Market56
Taxes$5,796 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size-
CountyRichmond city

Location

Listing Courtesy of Long & Foster REALTORS, Anahita Johnson
Add your commute

Building Information for 1503-1501 Brook Road

Stories2Residences4Year Built1920Building Size-Lot Size-

Payment Calculator

$5,913 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$483

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1503-1501 Brook Road

Summary
Location and General Information
  • City: Richmond
  • County Or Parish: Richmond City
  • Directions: Brook Road just east of the main post office.
  • Latitude: 37.55635
  • Longitude: -77.444326
  • Postal City: Richmond
  • Postal Code: 23220
  • State Or Province: VA
  • Unparsed Address: 1503 & 1501 Brook Rd
  • Zoning Description: M-1
Taxes and HOA Information
  • Parcel Number: N000-0394-049
  • Tax Annual Amount: $5,796.00
  • Tax Assessed Value: $483,000.00
  • Tax Legal Description: 0062.00X0078.01 IRG0000.100 AC
  • Tax Year: 2023
School Information
  • Elementary School: Carver
  • High School: Thomas Jefferson
  • Middle Or Junior School: Albert Hill
Parking
  • Garage: No
  • Parking Features: On Street
  • Garage Parking Features: On Street
Property
Lot Information
  • Living Area: 3,872.00
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
Property and Assessments
  • Number Of Units Total: 4
  • Type of Property: Residential Income
  • Property Sub Type: Multi Family, Low Rise
  • Property Type: Residential Income
  • Year Built: 1920
  • Year Built Details: Approximate
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Exterior Features
  • Fencing: Back Yard, Fenced
  • Roof: Shingle
  • Security Features: Controlled Access
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Crawl Space
  • Basement Y N: Yes
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: Two
  • Patio And Porch Features: Front Porch
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Central Air
  • Unit Type Actual Rent 1: $775.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Num Full Baths 1: 1
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 484.0
  • Unit Type Actual Rent Range 1: 775
Unit 2
  • Unit Type Description 2: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Central Air
  • Unit Type Actual Rent 2: $750.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Num Full Baths 2: 1
  • Unit Type Num Half Baths 2: 0
  • Unit Type Area 2: 484.0
  • Unit Type Actual Rent Range 2: 750
Unit 3
  • Unit Type Description 3: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Central Air
  • Unit Type Actual Rent 3: $750.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Num Full Baths 3: 1
  • Unit Type Num Half Baths 3: 0
  • Unit Type Area 3: 484.0
  • Unit Type Actual Rent Range 3: 750
Unit 4
  • Unit Type Description 4: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Central Air
  • Unit Type Actual Rent 4: $775.00
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Num Full Baths 4: 1
  • Unit Type Num Half Baths 4: 0
  • Unit Type Area 4: 484.0
  • Unit Type Actual Rent Range 4: 775
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1503-1501 Brook Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1503-1501 Brook Road

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
George W. Carver Elementary School
PublicPK to 5

Albert Hill 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.

Similar Homes

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1503-1501 Brook Road is a multi-family home for sale in Richmond, VA 23220. This property was listed for sale on March 4, 2024 by Long & Foster REALTORS, it's currently listed at $995,000. This listing's school district is Richmond City Public Schools. Nearby schools include George W. Carver Elementary School, Albert Hill Middle School and Thomas Jefferson High School. 1503-1501 Brook Road is a 4-bed, 4-bath, 3,872 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster REALTORS, Anahita Johnson

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.