111 South Stafford Avenue

111 South Stafford Avenue

Richmond, VA 23220

$1,250,000
Price
8
Beds
4
Baths
3,104 Sq. Ft.
$403 / Sq. Ft.
3,104
Sq. Ft.
$403
per Sq. Ft.

Pending

Pending

Description

111 S Stafford Ave is a Revitalized and Reconstructed Quad now available in the Fan District! This corner lot building is designed for an Owner-occupant or Investor looking to add a foundational purchase to their portfolio. This building features fully permitted construction, was taken down to the studs, and revamped meticulously. The building features brand-new "MEPs" (HVAC, Electrical, Plumbing), new studs, all new subflooring, new insulation, a new TPO roof, new windows, new kitchens/bathrooms,...111 S Stafford Ave is a Revitalized and Reconstructed Quad now available in the Fan District! This corner lot building is designed for an Owner-occupant or Investor looking to add a foundational purchase to their portfolio. This building features fully permitted construction, was taken down to the studs, and revamped meticulously. The building features brand-new "MEPs" (HVAC, Electrical, Plumbing), new studs, all new subflooring, new insulation, a new TPO roof, new windows, new kitchens/bathrooms, new appliances, new deck/balconies, and much more! Units are separately metered (four water meters and five electric meters). The building features 24-hour alleyway lighting (security/surveillance ready) and privacy fenced. All appliances, including all washers/dryers, convey. Three current leases are in place and convey! The 4th unit awaits your vision, whether to live in or embark on a Short-Term/Mid-Term Rental strategy. All units are deemed 2 bedrooms, 1 bath, beautifully designed with in-unit laundry, featuring exposed brick styling and all-new finishes. Top-level units feature private balconies and deck space. Downstairs units feature private backyard space. 111 S Stafford Ave is walking distance (yes, walking distance!) to Carytown, Byrd Park, and Museums - among some of the other hottest fan attractions nearby. You are amidst a long-standing community with consistent new and emerging area development! Directly adjacent to W Cary St, near Arthur Ashe Blvd, close to bus lines, major highways, and more. This building is a testament to timeless elegance fused with charm and modern convenience. Get in early! This area of the Fan is just going to continue to grow. Rare opportunity! - This can be yours - Schedule your showing today!
  1. Listed by Chris Symeonides • Fathom Realty Virginia
    P: (888) 455-6040 C: (804) 874-5074 czs.realestate@gmail.com

Property Details for 111 South Stafford Avenue

Architectural Style
Modern, Two Story
Community Features
Common Grounds Area, Maintained Community, Street Lights
Subdivision Name
Stafford Place
Waterfront
No

Location

Listing Courtesy of Fathom Realty Virginia, Chris Symeonides
Add your commute
LISTING UPDATED: 05/28/2024 10:35 PM

Property Details for 111 South Stafford Avenue

StatusPending
MLS #2410967
Days on Market29
Taxes$594,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2024
Lot Size-
CountyRichmond city

Location

Listing Courtesy of Fathom Realty Virginia, Chris Symeonides
Add your commute

Building Information for 111 South Stafford Avenue

Stories2Residences4Year Built2024Building Size-Lot Size-

Payment Calculator

$56,322 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$49,500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 South Stafford Avenue

Summary
Location and General Information
  • City: Richmond
  • City Region: Byrd Park
  • County Or Parish: Richmond City
  • Latitude: 37.549336
  • Longitude: -77.471499
  • Postal City: Richmond
  • Postal Code: 23220
  • State Or Province: VA
  • Unparsed Address: 111 S Stafford Ave
Taxes and HOA Information
  • Parcel Number: W000-1034-036
  • Tax Annual Amount: $594,000.00
  • Tax Assessed Value: $594,000.00
  • Tax Legal Description: 0040.00X0058.00 0000.000
  • Tax Year: 2024
School Information
  • Elementary School: Munford
  • High School: Thomas Jefferson
  • Middle Or Junior School: Dogwood
Parking
  • Garage: No
  • Parking Features: Off Street, On Street
  • Garage Parking Features: Off Street, On Street
Property
Lot Information
  • Living Area: 3,104.00
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Quadruplex
Property and Assessments
  • Number Of Units Total: 4
  • Type of Property: Residential Income
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 2024
  • Year Built Details: Renovated
  • C L I P: 2,603,625,470
  • Development Name: Byrd Park
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: Landscaping
  • Exterior Features: Awnings, Lighting
  • Fencing: Back Yard, Fenced, Partial
  • Roof: Flat
  • Security Features: Fire Sprinkler System
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Crawl Space
  • Basement Y N: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Interior Features: Bedroomon Main Level, Ceiling Fans, Dining Area, Eatin Kitchen, Granite Counters, High Ceilings, Main Level Primary, Pantry, Recessed Lighting
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Levels: Two
  • Patio And Porch Features: Balcony, Deck, Front Porch
  • Window Features: Thermal Windows
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Electric
  • Unit Type Actual Rent 1: $1,800.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Leased 1: No
  • Unit Type Num Full Baths 1: 1
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 776.0
  • Unit Type Actual Rent Range 1: 1800
Unit 2
  • Unit Type Description 2: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Electric
  • Unit Type Actual Rent 2: $1,925.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Leased 2: Yes
  • Unit Type Num Full Baths 2: 1
  • Unit Type Num Half Baths 2: 0
  • Unit Type Area 2: 776.0
  • Unit Type Actual Rent Range 2: 1925
Unit 3
  • Unit Type Description 3: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Electric
  • Unit Type Actual Rent 3: $1,950.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Leased 3: Yes
  • Unit Type Num Full Baths 3: 1
  • Unit Type Num Half Baths 3: 0
  • Unit Type Area 3: 776.0
  • Unit Type Actual Rent Range 3: 1950
Unit 4
  • Unit Type Description 4: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Washer Hookup,Water Heater,Water Meter,Electric
  • Unit Type Actual Rent 4: $1,825.00
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Leased 4: Yes
  • Unit Type Num Full Baths 4: 1
  • Unit Type Num Half Baths 4: 0
  • Unit Type Area 4: 776.0
  • Unit Type Actual Rent Range 4: 1825
Income and Expenses
  • Gross Income: $90,000.00
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 111 South Stafford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 111 South Stafford Avenue

Taxable ValueLand$255,000Additions$339,000Total$594,000
Tax Record2020$20 ($2 / month)
Home Facts
Baths4Total Finished SqFt3,104 SqFtAbove Grade Finished SqFt3,104 SqFtStories2Lot Size2,322 SqFtStyleMulti-Family Dwelling (2-4)Year Built1921Year Renovated1970ZoningR-63 MULTI FACountyRICHMOND CITYAPNW-000-1034-036

Schools near 111 South Stafford Avenue

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
William Fox Elementary School
Public - PK to 5
Binford Middle School
Public - 6 to 8
Thomas Jefferson High School
Public - 9 to 12
Open High School
Public - 9 to 12
Rating
School
Distance
William Fox Elementary School
PublicPK to 5

Binford Middle School
Public6 to 8

Thomas Jefferson High School
Public9 to 12

Open High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Fathom Realty Virginia, Chris Symeonides

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.