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Keller Williams Realty Alliance Group Richmond West
Overview
What It'll Cost
Neighborhood
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$989,950
1827 W Main Street, Richmond, VA 23220
3,634
sq ft
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$989,950
1827 W Main Street, Richmond, VA 23220
Estimation provided by Keller Williams Realty Inc.
3,634
sq ft
Pending
For Sale
Property Description
A perfect location in RVA’s Fan District and surrounded by neighborhood restaurants and shops, 1827 W Main offers a great opportunity to capitalize on the booming RVA market! You’ll take advantage of four total units including three residential apartments and one commercial space. Suite 100 is located on the first floor in the front just as you walk inside. It’s a studio apartment with a new kitchen, in-unit laundry, and a stylish full bath w/ tile surround. It currently rents for $1,098/month. Apartment A, located on the first floor and at the end of the hall as you walk inside, is nicely updated and offers hardwood floors, tall ceilings, lots of natural light, two fully renovated bathrooms w/ tile surround, an updated kitchen with white cabinets, granite counters, SS appliances and in-unit laundry. This unit also has exclusive access to a large outdoor patio area and a partial basement that provides additional storage. It currently rents for $1,995/month. Apartment B is located on the second floor and is very similar to Apartment A - two bedrooms, two updated bathrooms, hardwood floors, a stylish kitchen w/ white cabinets and granite counters, and in-unit laundry. It rents for $1,804/month. The second floor is also home to the commercial space that’s currently occupied by a strong long term tenant, KV Immigration and Taxes. It’s large two room space with original hardwoods, decorative fireplaces, and tall ceilings. A hall bath and kitchenette just outside off the hallway is used by this tenant. It rents for $1,200/month and is month-to-month. 1827 W Main will be a great addition to any portfolio!
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Estimated Monthly Payment
Purchase Price:
$989,950
Principal + Interest
$0
(0%)
Property Tax
$0
(0%)
Home Insurance
$0
(0%)
HOA/Condo Fee
$0
(0%)
Mortgage Insurance
$0
(0%)
Monthly Payment
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Price & Tax History
Price History
Tax History
Date
Event
Price
01/08/2025
Listed
$989,950
(+11.23%)
11/15/2022
Sold
$890,000
(+58.93%)
01/20/2021
Sold
$560,000
(+1,187.36%)
03/07/2014
Sold
$43,500
(-87.32%)
04/22/2013
Sold
$343,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$8,916
(+44,038.61%)
$743,000
Land 243,000 +
Additions 500,000
2020
$20.2
(-99.52%)
$743,000
Land 243,000 +
Additions 500,000
2019
$4,200
(+6.71%)
$530,000
Land 135,000 +
Additions 395,000
2018
$3,936
(-31.38%)
$500,000
Land 120,000 +
Additions 380,000
2017
$5,736
$478,000
Land 105,000 +
Additions 373,000
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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