Fenced backyardTall ceilingsAbundance of natural lightFlexible living arrangementsSpacious shared backyardDedicated off-street parkingOriginal hardwood floors
Discover a rare chance to own a well-performing investment property in one of Richmond's most desirable neighborhoods. Just one block from the beloved Chimborazo Park, this classic Church Hill duplex offers an unbeatable combination of location, charm, and steady income. Tenants love it here - and it shows. Dedicated off-street parking, a fenced backyard, and a quintessential Church Hill front porch have kept turnover remarkably low over the years. Both units feature original hardwood floors, tall ceilings, and an abundance of natural light that give the property its timeless appeal. The downstairs unit offers flexible living arrangements, with original pocket doors that can close off the front living room to create an additional bedroom - a versatile layout that appeals to a wide range of renters. Shared laundry is conveniently tucked under the stairs, and a common rear door and porch provide easy access to the spacious shared backyard. Best of all, with current leases extending through March and June of next year, you'll step into ownership with guaranteed rental income already in place. Walkable to Church Hill's best restaurants and shops, and just minutes from downtown Richmond and major highway access, this property delivers the kind of location that keeps great tenants and makes for a smart, lasting investment.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Long & Foster Broker Feed. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.