1612 Pollock Street

Richmond, VA 23222

$1,005,000
Price
Beds
1,776 Sq. Ft.
$566 / Sq. Ft.
1,776
Sq. Ft.
$566
per Sq. Ft.

Description

Presenting three duplexes nestled in the heart of Richmond, this package deal offers six spacious 3-bed, 2-bath units, with five units currently rented, generating $5,075 in monthly income. With rents below market value, there's immense potential to increase revenue. Conveniently adjacent to each other, managing these properties is seamless, attracting tenants seeking both space and convenience. Unit rents range from $975 to $1,150, with one unit vacant, presenting an opportunity for market rent....Presenting three duplexes nestled in the heart of Richmond, this package deal offers six spacious 3-bed, 2-bath units, with five units currently rented, generating $5,075 in monthly income. With rents below market value, there's immense potential to increase revenue. Conveniently adjacent to each other, managing these properties is seamless, attracting tenants seeking both space and convenience. Unit rents range from $975 to $1,150, with one unit vacant, presenting an opportunity for market rent. Low maintenance and turnkey, these properties promise stability, growth potential, and a solid return on investment in the thriving Richmond real estate market.
  1. Listed by Phillip Hughes • River City Elite Properties
    P: (804) 651-4710 C: (804) 651-4710 Phillip@rivercityeliteproperties.com

Property Details for 1612 Pollock Street

Architectural Style
Two Story
Subdivision Name
None
Waterfront
No

Location

Listing Courtesy of River City Elite Properties, Phillip Hughes
Add your commute
LISTING UPDATED: 04/30/2024 02:10 AM

Property Details for 1612 Pollock Street

StatusActive
MLS #2410338
Days on Market10
Taxes$2,196 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Familly
MLS TypeResidential Income / Duplex
Year Built1976
Lot Size0.17 AC / 7,313 SF
CountyRichmond city

Location

Listing Courtesy of River City Elite Properties, Phillip Hughes
Add your commute

Building Information for 1612 Pollock Street

Stories2Residences-Year Built1976Lot Size0.17 AC / 7,313 SF

Payment Calculator

$5,668 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,485

Property Taxes

$183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1612 Pollock Street

Summary
Location and General Information
  • City: Richmond
  • City Region: North Highland Park
  • County Or Parish: Richmond City
  • Directions: From I-195, Take the Laburnum Ave exit, Turn right onto W Laburnum Ave E, Turn right onto Meadowbridge Rd, At the traffic circle, take the 4th exit onto Dill Ave, Turn right onto Pollock St, Properties on left
  • Latitude: 37.571669
  • Longitude: -77.411733
  • Postal City: Richmond
  • Postal Code: 23222
  • Postal Code Plus4: 4138
  • State Or Province: VA
  • Unparsed Address: 1600, 1606, 1612 Pollock St
  • Zoning Description: R-6
Taxes and HOA Information
  • Parcel Number: N005-1182-051
  • Tax Annual Amount: $2,196.00
  • Tax Assessed Value: $193,000.00
  • Tax Legal Description: PATRICK L1 0059.00X0127.20 IRG0000.000
  • Tax Lot: 1
  • Tax Year: 2023
School Information
  • Elementary School: Overby-Sheppard
  • High School: Armstrong
  • Middle Or Junior School: Martin Luther King Jr.
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 1,776.00
  • Lot Size Acres: 0.1679
  • Lot Size Area: 0.1679
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Duplex
Property and Assessments
  • Number Of Units Total: 0
  • Type of Property: Residential Income
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1976
  • Year Built Details: Actual
  • C L I P: 3,233,085,017
  • Development Name: North Highland Park
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Roof: Shingle
Interior Features
  • Basement: Crawl Space
  • Basement Y N: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: Two
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1612 Pollock 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 1612 Pollock Street

Taxable ValueLand$78,000Additions$126,000Total$204,000
Tax Record2020$20 ($2 / month)
Home Facts
Baths2Total Finished SqFt1,832 SqFtAbove Grade Finished SqFt1,832 SqFtStories2Lot Size10,922 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976ZoningR-6 SINGLE FACountyRICHMOND CITYAPNN-005-1182-004

Schools near 1612 Pollock 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
Overby-Sheppard Elementary School
PublicPK to 5

Henderson Middle School
Public6 to 8

Open High School
Public9 to 12

John Marshall 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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1612 Pollock Street is for sale in Richmond, VA 23222. This property was listed for sale on April 24, 2024 by River City Elite Properties, it's currently listed at $1,005,000. It has been on the market for a total of 10 days and was last sold on April 2, 2018. This listing's school district is Richmond City Public Schools. Nearby schools include Overby-Sheppard Elementary School, Henderson Middle School and Open High School. 1612 Pollock Street is a 0-bed, 0-bath, 1,776 sqft built in 1976.

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 River City Elite Properties, Phillip Hughes

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.