2303 Venable Street
Richmond, VA 23223
- 6 beds
- 2 baths
- 1,504 sqft
- 1,394 sqft lot
- $216 per sqft
- 1910 build
- – on site
Step into a piece of history revitalized for modern living with this meticulously renovated historic home, transformed into a thriving PadSplit residence in 2022. Nestled in a prime location along a busline with friendly neighbors and close proximity to parks and grocery stores, this property combines timeless charm with practicality. Boasting 6 bedrooms of varying sizes, each equipped with smart locks for secure and convenient access, it currently generates a robust net monthly income exceeding $3,000. Two full bathrooms, built with durable roofing materials, cater to communal living needs, complemented by a communal outdoor patio. Updated with a new roof in 2015 and essential HVAC, electrical, and plumbing upgrades in 2015/2016, the property ensures minimal maintenance and longevity. Originally intended for student rentals, it has achieved remarkable occupancy rates with only 6 turnovers in its inaugural year, offering stability with tenants able to give one week's notice to vacate. Beyond its current use as a PadSplit, the property offers flexibility as it can also function as a traditional single-family residence, with the PadSplit lease terminable upon one month's notice. Detailed financials and lease agreements are available upon request, making this an ideal investment opportunity or comfortable residence with income potential in a sought-after locale.
Last checked:
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Last updated Oct 23, 2024
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MLS# 2417952 —
The Building
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Year Built:1910
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Year Built Details:Approximate
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New Construction:false
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Construction Materials:Brick,WoodSiding
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Architectural Style:RowHouse
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Structure Type:Townhouse
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Roof:Metal,Rubber
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Patio And Porch Features:FrontPorch
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Basement:Other
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Basement:false
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Levels:Two
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Stories Total:2
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Stories:2
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Building Area Source:Assessor
Interior
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Flooring:Wood
Room Dimensions
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Living Area:1504.0
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Living Area Source:Assessor
Location
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Directions:East on Broad St., left on 25th, left on Venable.
The Property
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Parcel Number:E0000427002
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Condition:Resale
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Property Attached:true
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Lot Size Acres:0.032
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Lot Size Area:0.032
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Lot Size Units:Acres
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Zoning Description:R-63
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (804) 439-2880
- Office phone:
- (804) 729-5188
Taxes
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Tax Year:2024
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Tax Annual Amount:2676.0
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Tax Assessed Value:223000
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Tax Legal Description:0022.00X0063.50 0000.000
Beds
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Bedrooms Total:6
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Cooling:None
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Cooling:false
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Heating:Baseboard,Electric
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School:Bellevue
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Middle Or Junior School:Martin Luther King Jr.
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High School:Armstrong
The Community
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Subdivision Name:None
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Pool Features:None
Parking
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Garage:false
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Parking Features:NoGarage,OnStreet
Monthly cost estimate
Asking price
$325,000
| 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. |
$1,740
|
| Taxes | $223 |
| Insurance | $89 |
| Utilities | $213 See report |
| Total | $2,265/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 |
|---|---|---|---|---|
|
9/11/24
Sep 11, 2024
|
Price Changed | CVRMLS | $325,000 | -7.1% |
|
7/12/24
Jul 12, 2024
|
Listed / Active | CVRMLS | $350,000 | |
|
4/1/13
Apr 1, 2013
|
Sold | CVRMLS |
