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3216 W Franklin Street, Richmond, VA 23221

$625,000
  • 3216 W Franklin Street, Richmond, VA 23221 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,846 MLS#2605987
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLee Annex

Property Description

Located in the heart of Richmond's highly desirable Museum District, 3216 West Franklin St presents an excellent rental investment opportunity in one of the city's most walkable and sought-after neighborhoods. This classic white brick duplex offers approximately 1,846 square feet and features two spacious units, each with 2 bedrooms and 1 bathroom. Unit A Is located upstairs and unit B is located downstairs. Positioned on a beautiful tree-lined street with sidewalks that connect to some of Richmond's most vibrant areas, the property is just moments from Carytown, Scott's Addition, VCU, local restaurants, museums, and everyday conveniences. The building features a charming concrete front porch with both covered and uncovered seating areas, creating a welcoming entry for tenants and guests. Each apartment includes front and rear access, a comfortable living room, dining area, kitchen with gas 4-burner stove, washer and dryer, and multiple windows that provide great natural light. The upstairs unit includes hardwood floors, tall ceilings, crown molding details, and a front balcony overlooking the street, while the lower unit features durable LVP flooring throughout. The property also includes rear access to alley parking along with a small outdoor seating area and storage shed. With strong rental appeal thanks to its unbeatable location and practical layout, this duplex provides investors with a great opportunity to own income-producing real estate in one of Richmond's most popular urban neighborhoods.

3216 W Franklin Street | MLS# 2605987

This multi-family property located at 3216 W Franklin Street, Richmond, VA 23221 is currently listed for sale with an asking price of $625,000. Search Richmond real estate on www.joynerfineproperties.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Common Basement
Fenced: Yes
Home Style: Two Story
Lot Size: 0.08 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $6,300
Year Built: 1921

Amenities

Ceiling Fan(s)
Dining Area
Separate/Formal Dining Room
High Ceilings
High Speed Internet
Laminate Counters
Cable TV
Wired for Data
Lighting

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 1
Door Features: Storm Door(s)
Exterior: Brick
Fencing: Back Yard, Fenced
Formal Dining: Yes
Laundry: Washer Hookup, Dryer Hookup, Stacked
Parcel#: W000-1474-026
Parking: Alley Access, Assigned, On Street
Patio/Porch: Balcony, Rear Porch, Front Porch
Sewer: Public Sewer
Units: 2
Water: Public
Window: Screens, Thermal Windows

Local Schools

High School: Thomas Jefferson
Middle School: Albert Hill
Elementary School: Lois-Harrison Jones

Listed By / Shown By

Listed By

Agency Name: Long & Foster REALTORS
Agency Contact: (804) 432-3408

Shown By

Agency Title: Joyner Fine Properties
Agency Phone: 804-270-9440

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Estimate Your Payment

Estimated Payment

$ 3,867.63 per month $3,160.34 Principal & Interest $525.00 Property Tax $182.29 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)
Virginia Credit Union. Find out exactly how much home you can afford. Please contact: LAURA STEVENS. Office: 804-967-2450, Cell: 804-218-7876, Fax: 804-477-1442, laura.stevens@vacu.org, NMLS: 189613

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