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321 S Laurel Street

RICHMOND, VA 23226
  • $349,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: VARC2000132
UPDATED: 57 min ago
$349,000
  • 3
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,264
    SQFT
  • $276
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
County:

School Ratings & Info

School District:

Description

DON+GGT MISS THIS HIDDEN JEWEL. 2 Story 3 BED, 2 Bath, 1,264 SF Home with off-street parking. IN PARENT POPULAR NEIGHBORHOOD OF OREGON HILL. Three Short Block walk to VCU Main Campus. Property has an outstanding CAP Rate Above 6. Leases are fully protected in this property which houses three students, each with their own lease covering full property rent and co-signed / guaranteed by the occupants parents. See docs for sample lease prototype. Whether buying as an investment or as student housing for one's own son or daughter, this property is and ideal investment with a captive audience of high quality tenants.Great Investment Property in an area where homes rarely come available. Zero Vacancy Rate for past decade. Student leases with full security deposits, Parental co-sign and guarantees. In-Area Maintenance Man. Property Very Well Maintained. $1,875 / month current rent. Cash Flow Positive. New 30-year roof installed in 2020. Seller provided Full 1 Year Home Warranty. THIS IS A MUST SEE WHICH WON+GGT LAST LONG. A RARE FIND SELDOM AVAILABLE IN RICHMOND+GGS OREGON HILL.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or FORWARD LLC | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-17T06:55:42.77.
www.forwardllcrealestate.com/homes/128358108
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321 S Laurel Street RICHMOND, VA 23226

  • Price: $349,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 57 min ago
  • ID#: VARC2000132
3
Beds
2
Baths
0
½ Baths
0.05
Acres
1,264
SQFT
$276
$/SQFT
1910
Built
Neighborhood:
Oregon Hill
County:
Richmond City
School District:
Richmond City Public Schools
Property Description
DON+GGT MISS THIS HIDDEN JEWEL. 2 Story 3 BED, 2 Bath, 1,264 SF Home with off-street parking. IN PARENT POPULAR NEIGHBORHOOD OF OREGON HILL. Three Short Block walk to VCU Main Campus. Property has an outstanding CAP Rate Above 6. Leases are fully protected in this property which houses three students, each with their own lease covering full property rent and co-signed / guaranteed by the occupants parents. See docs for sample lease prototype. Whether buying as an investment or as student housing for one's own son or daughter, this property is and ideal investment with a captive audience of high quality tenants.Great Investment Property in an area where homes rarely come available. Zero Vacancy Rate for past decade. Student leases with full security deposits, Parental co-sign and guarantees. In-Area Maintenance Man. Property Very Well Maintained. $1,875 / month current rent. Cash Flow Positive. New 30-year roof installed in 2020. Seller provided Full 1 Year Home Warranty. THIS IS A MUST SEE WHICH WON+GGT LAST LONG. A RARE FIND SELDOM AVAILABLE IN RICHMOND+GGS OREGON HILL.
Exterior Features

Architectural Style Traditional Construction Materials Wood Siding Fencing Chain LinkRear Garage YN No Location Type Urban Lot Features Front YardLevelRear Yard Other Structures Above Grade Parking Types Off Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1264 Basement YN No Cooling Central A/C Furnished No Heating Forced Air Heating YN Yes Interior Features Entry Level BedroomFloor Plan - TraditionalKitchen - GalleyFamily Room Off KitchenStall ShowerWood Floors Levels 2 Main Level Bedrooms 1 Room List Living RoomBedroom 2Bedroom 3KitchenBedroom 1Bathroom 1Bathroom 2 Rooms Total 7 Upper Level1 Bedrooms 2

Property Features

Accessibility Features 36"+ Wide Halls Assessment Year 2022 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Natural Gas Foundation Details Crawl Space Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 801535815794 Ownership Interest Fee Simple Possession Subject To Existing Lease0-30 Days Cd Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1700.00 Tax Assessment Amount 216000.00 Vacation Rental YN No Water Source Public Zoning R-7 - Residential (Single Zoning Description R-7 - Residential (Single & 2 Family Urban)

Listing courtesy of Federa, Inc..


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or FORWARD LLC | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-17T06:55:42.77.
 
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FORWARD LLC | Coldwell Banker Realty
3000 10th St. North, Suite D
Arlington VA, 22201