512 West Marshall Street

Richmond, VA 23220

$595,000
Last Sold Price
5
Beds
3
Baths
1
1/2 Bath
3,061 Sq. Ft.
$194 / Sq. Ft.
3,061
Sq. Ft.
$194
per Sq. Ft.

Description

Back on market no fault of the seller. Fully LEASED! 43K Annual Rent Income with Excellent Rental History & Great Tenants! DON’T MISS this awesome opportunity! Great Historic Jackson Ward Triplex/ 3 units, fully renovated in 2017, just walking distance to VCU campus. This property opens an opportunity for the owner occupant or an immediate income ($3,580.00/mo) production, current leases exp 08/31/2022. Interested home buyers will have an option to keep an existing lease or terminate the lease. There...Back on market no fault of the seller. Fully LEASED! 43K Annual Rent Income with Excellent Rental History & Great Tenants! DON’T MISS this awesome opportunity! Great Historic Jackson Ward Triplex/ 3 units, fully renovated in 2017, just walking distance to VCU campus. This property opens an opportunity for the owner occupant or an immediate income ($3,580.00/mo) production, current leases exp 08/31/2022. Interested home buyers will have an option to keep an existing lease or terminate the lease. There was a huge upgrade renovation on this property in 2017, 1 unit of HAVC installed in 2017, NEW appliances, upgraded kitchen cabinets, NEW LVP waterproof flooring, NEW light fixtures, plumbing, toilets & fresh paint. Natural light brightens the living room with clean, durable LVP hardwood flooring. NEW wood stain stair steps leading up to the 2nd floor. Foyer, bedrooms, living rooms with a durable LVP hardwood floor. All bathrooms with NEW light fixtures, NEW tile flooring, and a NEW fiberglass wall tub. 2 rear parking spaces included. A good size private backyard could be used for a BBQ patio etc. The tenant's deposit will transfer to the buyer at closing. FP /chimney covey as is.
  1. Listed by Lee Fang Kim • Fathom Realty Virginia
    P: (804) 938-7254 C: (804) 938-7254 realtorlee.kim@gmail.com

Property Details for 512 West Marshall Street

Architectural Style
Two Story
Subdivision Name
Carver
Waterfront
No

Location

Listing Courtesy of Fathom Realty Virginia, Lee Fang Kim

Sold By Keller Williams Realty, Tara Kelley

Add your commute
LISTING UPDATED: 02/28/2022 04:26 PM

Property Details for 512 West Marshall Street

StatusClosed
MLS #2117955
Days on Market51
Taxes$3,804 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1900
Lot Size-
CountyRichmond city

Location

Listing Courtesy of Fathom Realty Virginia, Lee Fang Kim

Sold By Keller Williams Realty, Tara Kelley

Add your commute

Building Information for 512 West Marshall Street

Stories2Residences3Year Built1900Building Size-Lot Size-

Payment Calculator

$3,564 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,247

Property Taxes

$317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 512 West Marshall Street

Summary
Location and General Information
  • City Region: Jackson Ward
  • County Or Parish: Richmond City
  • Directions: From Broad Street W to Belvidere; Turn Right on to N Belvidere & Turn Right on to W Marshall St. The house on your Left.
  • Latitude: 37.549668
  • Longitude: -77.445802
  • Postal City: Richmond
  • Postal Code: 23220
  • Postal Code Plus4: 3989
  • State Or Province: VA
  • Unparsed Address: 512 W Marshall ST
  • Zoning Description: R-6
Taxes and HOA Information
  • Parcel Number: N000-0241-028
  • Tax Annual Amount: $3,804.00
  • Tax Assessed Value: $321,000.00
  • Tax Legal Description: 0027.86X0157.51 0000.000
  • Tax Year: 2020
School Information
  • Elementary School: Carver
  • High School: Thomas Jefferson
  • Middle Or Junior School: Albert Hill
Parking
  • Garage: No
Virtual Tour
Property
Lot Information
  • Below Grade Finished Area: 926.0
  • Living Area: 3,061.00
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Triplex
Property and Assessments
  • Number Of Units Total: 3
  • Type of Property: Residential Income
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Walk Score: 96
  • Year Built: 1900
  • Year Built Details: Actual
  • C L I P: 2,720,093,460
  • Development Name: Jackson Ward
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: No
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Roof: Composition
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Full, Finished
  • Basement Y N: Yes
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: Two
  • Patio And Porch Features: Balcony
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Dryer Hookup,Gas Stove,Refrigerator,Washer Hookup,Central Air,Electric,Heat Pump
  • Unit Type Actual Rent 1: $1,340.00
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
  • Unit Type Num Full Baths 1: 1
  • Unit Type Num Half Baths 1: 1
  • Unit Type Actual Rent Range 1: 0000
Unit 2
  • Unit Type Description 2: Dryer Hookup,Electric Stove,Refrigerator,Washer Hookup,Central Air,Electric,Heat Pump
  • Unit Type Actual Rent 2: $1,040.00
  • 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: 926.0
  • Unit Type Actual Rent Range 2: 1040
Unit 3
  • Unit Type Description 3: Electric Stove,Refrigerator,Central Air,Electric,Heat Pump
  • Unit Type Actual Rent 3: $1,200.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Num Full Baths 3: 1
  • Unit Type Num Half Baths 3: 0
  • Unit Type Actual Rent Range 3: 1500
Rental
Rental Information
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 512 West Marshall 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 512 West Marshall Street

Taxable ValueLand$85,000Additions$395,000Total$480,000
Tax Record2020$3,804 ($317 / month)
Home Facts
Baths5Total Finished SqFt3,061 SqFtAbove Grade Finished SqFt2,135 SqFtFinished Basement SqFt926 SqFtStories3Lot Size4,388 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1985ZoningR-6 SINGLE FACountyRICHMOND CITYAPNN-000-0241-028

Schools near 512 West Marshall 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
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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Listing Courtesy of Fathom Realty Virginia, Lee Fang Kim

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.