3324 2nd Avenue
Richmond, VA 23222
- 4 beds
- 2 baths
- 2,304 sqft
- 4,901 sqft lot
- $182 per sqft
- 1915 build
- – on site
Calling all investors! Don't miss out on this incredible opportunity to own a prime piece of real estate in Highland Park offering a strong rental market! This property was recently renovated in 2020 and a new electrical panel and meter in 2021. This property also boasts dual HVAC units and sensor faucets. On a corner lot with ample off street parking conveniently located near popular Richmond restaurants, shopping and entertainment. Just 10 mins from The Diamond! The savvy investor looking for great potential and positive cash flow will appreciate the rental income two times the normal Cap Rate in Richmond, VA.
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Last updated May 3, 2024
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MLS# 2404577 —
Monthly cost estimate
Asking price
$420,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,248
|
| Taxes | $228 |
| Insurance | $115 |
| Utilities | $235 See report |
| Total | $2,826/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/13/24
Mar 13, 2024
|
Listed / Active | CVRMLS | $420,000 | 2233.3% (212.5% / YR) |
|
9/9/13
Sep 9, 2013
|
CVRMLS | $18,000 |
36% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $103k over asking price.