17 South Lombardy Street

Richmond, VA 23220

$795,000
Price
6
Beds
2
Baths
2,848 Sq. Ft.
$279 / Sq. Ft.
2,848
Sq. Ft.
$279
per Sq. Ft.

Description

Invest in the heart of Richmond’s historic Fan District neighborhood with 17 & 19 S Lombardy Street. With strong rental history and cash flow, the property boasts two 3-bedroom, 1-bathroom townhouse style units. The property also includes a back and side yard for residents. The renovation include in-unit washer/dryer, central air and gas forced heat. Historic features like the hardwood floors and fireplace hearths create a distinctive and inviting living experience. The uniqueness of these properties...Invest in the heart of Richmond’s historic Fan District neighborhood with 17 & 19 S Lombardy Street. With strong rental history and cash flow, the property boasts two 3-bedroom, 1-bathroom townhouse style units. The property also includes a back and side yard for residents. The renovation include in-unit washer/dryer, central air and gas forced heat. Historic features like the hardwood floors and fireplace hearths create a distinctive and inviting living experience. The uniqueness of these properties are in short supply and in high rental demand. With a prime location just blocks from Virginia Commonwealth University, this property is an ideal choice for investors looking for a smart investment opportunity and rental upside. Enjoy the convenience of walkability to local restaurants, coffee shops, music venues and museums. Don’t miss out on this rare opportunity to own a piece of Richmond’s rich history and vibrant community.
  1. Listed by Justin Sledd • One South Commercial LLC
    P: (804) 307-4060 C: (804) 307-4060 justin.sledd@onesouthcommercial.com
  2. Listed by Thomas Rosman • One South Commercial LLC
    P: (804) 539-3017 C: (804) 539-3017 tom.rosman@onesouthcommercial.com

Property Details for 17 South Lombardy Street

Architectural Style
Two Story
Subdivision Name
None
Waterfront
No

Location

Listing Courtesy of One South Commercial LLC, Justin Sledd; One South Commercial LLC, Thomas Rosman
Add your commute
LISTING UPDATED: 03/25/2024 12:32 PM

Property Details for 17 South Lombardy Street

StatusActive
MLS #2403683
Days on Market74
Taxes$8,460 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Familly
MLS TypeResidential Income / Duplex
Year Built1900
Lot Size0.07 AC / 3,114 SF
CountyRichmond city

Location

Listing Courtesy of One South Commercial LLC, Justin Sledd; One South Commercial LLC, Thomas Rosman
Add your commute

Building Information for 17 South Lombardy Street

Stories2Residences2Year Built1900Lot Size0.07 AC / 3,114 SF

Payment Calculator

$5,044 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,339

Property Taxes

$705

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17 South Lombardy Street

Summary
Location and General Information
  • City: Richmond
  • City Region: The Fan
  • County Or Parish: Richmond City
  • Latitude: 37.546663
  • Longitude: -77.461214
  • Postal City: Richmond
  • Postal Code: 23220
  • Postal Code Plus4: 5314
  • State Or Province: VA
  • Unparsed Address: 17 S Lombardy St
  • Zoning Description: R-7
Taxes and HOA Information
  • Parcel Number: W000-0604-044
  • Tax Annual Amount: $8,460.00
  • Tax Assessed Value: $705,000.00
  • Tax Legal Description: 0075.00X0041.50 0000.000
  • Tax Year: 2023
School Information
  • Elementary School: Fox
  • High School: Thomas Jefferson
  • Middle Or Junior School: Dogwood
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 2,848.00
  • Lot Size Acres: 0.0715
  • Lot Size Area: 0.0715
  • 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: 1900
  • Year Built Details: Approximate
  • C L I P: 3,251,436,170
  • Development Name: The Fan
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Exterior Features
  • Roof: Flat
Interior Features
  • Basement: Crawl Space
  • Basement Y N: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: Two
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Gas Stove,Refrigerator,Central Air
  • Unit Type Actual Rent 1: $1,695.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 3
  • Unit Type Num Full Baths 1: 1
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 1424.0
  • Unit Type Actual Rent Range 1: 1695
Unit 2
  • Unit Type Description 2: Dishwasher,Gas Stove,Refrigerator,Central Air
  • Unit Type Actual Rent 2: $1,525.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 3
  • Unit Type Num Full Baths 2: 1
  • Unit Type Num Half Baths 2: 0
  • Unit Type Area 2: 1424.0
  • Unit Type Actual Rent Range 2: 1525
Rental
Rental Information
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 17 South Lombardy 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 17 South Lombardy Street

Taxable ValueLand$261,000Additions$444,000Total$705,000
Tax Record2020$6,480 ($540 / month)
Home Facts
Baths4Total Finished SqFt2,848 SqFtAbove Grade Finished SqFt2,848 SqFtStories2Lot Size3,113 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1983ZoningR-7 SINGLE ANCountyRICHMOND CITYAPNW-000-0604-044Fireplace TypeHas Fireplace

Schools near 17 South Lombardy 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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17 South Lombardy Street is for sale in Richmond, VA 23220. This property was listed for sale on February 14, 2024 by One South Commercial LLC, it's currently listed at $795,000. This listing's school district is Richmond City Public Schools. Nearby schools include William Fox Elementary School, Binford Middle School and Thomas Jefferson High School. 17 South Lombardy Street is a 6-bed, 2-bath, 2,848 sqft built in 1900.

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 One South Commercial LLC, Justin Sledd; One South Commercial LLC, Thomas Rosman

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.