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About This Home
This 3-bedroom, 2-bathroom single family at 1246 Parkwood Avenue in Richmond, VA is listed for $425,000 ($297 per sqft). Built in 1900, the home offers 1,432 sqft of living space on a 0.05 acres lot.
LOCATION, LOCATION, LOCATION, this home has been used as a student rental and is less than 1 block from the VCU academic campus. Granite countertops, hardwood floors along with all appliances including newer fridge, stove, washer & dryer convey. Parking is often a challenge in this area but up to four cars can be parked in the rear off street parking area.
Student housing is in great demand in this area and this home rents via word of mouth. Get in now and you can decide to rent to current tenants or could be a great investment for parents of VCU students. Currently rented at $2900 or 8% Cap Rate. Lease ends in May. New rental offered to current tenants at $3200.
Key Features
- Built in 1900
- 0.05 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1246 Parkwood Avenue
Richmond, VA 23220
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1246 Parkwood Avenue is listed at $425,000 ($297/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.05 acre lot, 2 stories. Exterior Features: Porch.
This property is listed by Mike Drechsler and can be reached at 8042403463 or mike@mikedrechsler.com.
