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406 W Franklin Street Richmond, VA $ 649,950
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$ 649,950 Get more info
406 W Franklin Street
$ 649,950
Back to search
Share Save

406 W Franklin Street

Richmond, VA, 23220
$ 649,950
Baths0.0 Sq 2,150

Monthly Estimate*

$ 4,320

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Studio

Multi-Family Home for sale in Richmond, VA

for $649,950. This 2,150 square foot home was built in 1910 on a lot size of 0.0311.

You’ll find “The Carriage House” located in RVA’s bustling downtown scene where it’s an easy walk to restaurants, shopping, Monroe Park, VCU, Historic Tredegar and much more! It’s zoned by Richmond City as two tourist homes which makes utilizing sites like AirBnB and VRBO a relative breeze. The building was renovated in 2017, so there’s a nice blend of old world charm and modern conveniences. Each unit offers original hardwood floors, tall ceilings, replacement vinyl windows, white cabinets and SS appliances in the kitchen, in-unit washer/dryer, spacious bedrooms, and on-trend bathrooms. Plumbing, electrical, HVAC, and new walls were all completed during the 2017 renovation and the roof was replaced in 2022. “The Carriage House” offers up a lot of old Richmond charm, but it’s also a savvy move for investors looking to expand in the RVA market!

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Multi-Family Pending

Price

$ 649,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,652

Style

Two Story

Lot Size

0.0311

Year Built

1910

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2412591
Features
General
Interior Features BedroomonMainLevel BreakfastArea CeilingFans DiningArea GraniteCounters HighCeilings RecessedLighting
Sewer PublicSewer
Roof Asphalt Shingle
Architectural Style TwoStory
Construction Materials Brick Frame
Year Built 1910
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2023
Percent Ownership Individuals
County Richmond City
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Pending
Directions Take W Franklin and go by the Manor House located at 406 W Franklin. Go down to Madison St and make a left. Take the next left on W Grace. Take the first left onto Monroe St. Take the alley on your r
High School Thomas Jefferson
View Y/N N
Senior Community Y/N N
Zoning Description R-03
NumberOfUnitsTotal 2
MLS Area 10 - Richmond
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Franklin
Elementary School Fox
Property Attached Y/N N
Year Built Details Actual
Land Lease Y/N N
Tax Annual Amount 5652.0
Home Warranty Y/N N
Middle/Junior High School Dogwood
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Pending
Occupancy Type CallAgent
Tax Assessed Value 578000
Ownership Type SoleProprietor
Property Sub Type Additional Duplex
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Exterior
Fencing Fenced Privacy WroughtIron
Parking Features Assigned Guest
Water Source Public
Lot Size Area 0.0311
Spa N
Lot Size Acres 0.0311
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Window Features ThermalWindows
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Laundry Features WasherHookup DryerHookup Stacked
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Ernie Chamberlain

Listing Agent

Hometown Realty

Broker

echamberlain@htrsi.com

Email

Affordability Calculator

$4,791
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$471
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
243578 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/17/2024$649,950 Listed Price

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406 W Franklin Street, Richmond, VA, 23220 is a Multi-Family Home for sale at $649,950 with 2,150 sqft and a lot size of 0.0311. 406 W Franklin Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 23220 which is in Richmond, VA

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