See Home Value
$500,000
Multifamily - Off Market

517 N 21st Street

Richmond, VA 23223
bedrooms
Studio
bathrooms
0 Bath
$966,003
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Absolute fantastic potential for a huge Church Hill property overlooking Jefferson Park and the City of Richmond.  Property consists of two connected homes #517 AND #519 North 21st Street, each with an upstairs unit and a downstairs unit for a total of 4 units.  Could be converted back to two single family properties, purchased 'as-is' and maintained as rental property, or renovated.  Each unit is over 1,400 square feet and with rental rates and home prices rising in the area the investment potential is terrific.  Units are in great shape with solid renters in each.  Leases are month to month, and tenants are very cooperative.  Units are rented for just $900 each, but with the size of each unit, could bring $1,200+ if updated.  Each unit has its own heat, central air, and laundry (huge bonus when renting!).  Cute brick patio out back surrounded by white picket fence. Walk to all the popular Church Hill restaurants - Sub Rosa, Alamo BBQ, Dutch & Co, Dog and Pig, etc.  Fantastic location, solid brick classic construction, and great potential.  Call today for more information!
Unit Size
-
Days on Market
76 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$411
HOA Dues
-
Year Built
1910
Last updated: 2 months ago (CVRMLS #1638638)

Price History

Date / Event Date Event Price
Feb 10, 2017 Sold $500,000
Sold
Nov 25, 2016 Listed by RE/MAX Commonwealth $580,000
Listed by RE/MAX Commonwealth

Property Highlights

With View
Parking Details
Parking Features: On Street
Interior Details

Interior Information

Interior Features: Bedroomon Main Level, Ceiling Fans, Separate Formal Dining Room, Eatin Kitchen, Pantry, Cable T V
Appliances: Gas Water Heater
Living Area Square Feet: 5788

Room Information

Laundry Features: Dryer Hookup

Basement Information

CrawlSpace


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$520,000 Aug 18, 2020
$520,000 Sep 25, 2020
$498/mo
Multifamily
Stu
-
-
$463,500 Mar 25, 2017
$463,500 Oct 31, 2017
$394/mo
Multifamily
Stu
-
-
$393,334 Jan 9, 2017
$393,334 Jun 30, 2017
$258/mo
Multifamily
Stu
-
-
$475,000 Jan 2, 2020
$475,000 Feb 24, 2020
$371/mo
Commercial
Loft
-
-
$350,000 Apr 2, 2018
$350,000 May 2, 2019
-
Commercial
Loft
-
-
$600,000 Jul 11, 2017
$600,000 Sep 14, 2017
-
In Contract
Multifamily
Stu
-
-
$519,950 Feb 29, 2024
-
$461/mo
Commercial
Loft
-
-
$650,000 Apr 1, 2024
-
-
House
3 Beds
3 Baths
-
$535,000 Mar 19, 2024
-
$508/mo
House
3 Beds
3 Baths
-
$500,000 Feb 22, 2024
-
$417/mo
House
3 Beds
3 Baths
-
$607,000 Feb 29, 2024
-
$578/mo
House
4 Beds
3 Baths
-
$596,950 Jan 18, 2024
-
$105/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210318
03/18/2021
Studio
-
-
$945,000
bedrooms
Studio
bathrooms
-
$970,000 +2.65%
04/23/2021
-
Isaac Weintz
One South Realty Group, LLC
20161125
11/25/2016
Studio
-
-
$580,000
bedrooms
Studio
bathrooms
-
$500,000 -13.79%
02/10/2017
-
Robin Johnson
RE/MAX Commonwealth

Building Info

517 North 21st Street 517 North 21st Street, Richmond, VA 23223
More about this Building
517 North 21st Street
Want to find out who owns 517 North 21st Street, Richmond, VA 23223? Get detailed property transactions here .

About Church Hill


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