3516 Floyd Avenue

Richmond, VA 23221

$630,500
Last Sold Price
4
Beds
2
Baths
2,050 Sq. Ft.
$308 / Sq. Ft.
2,050
Sq. Ft.
$308
per Sq. Ft.

Description

Welcome to 3516 Floyd Avenue, this duplex is conveniently located in the Museum District, one block from Carytown. Located directly across from Fresh Market, Chipotle, Publix, Starbucks, Burton’s Grill & Bar and much more. TWO UNITS, each comprised of 2 bedrooms, 1 bath, washer/dryer, hardwood floors throughout, and private deck/patio. Totals 2,050 SF. Recent rents were $1,685 and $1,700 per unit per month. Historically there has been 0 vacancy with rent increases including during the pandemic. Both...Welcome to 3516 Floyd Avenue, this duplex is conveniently located in the Museum District, one block from Carytown. Located directly across from Fresh Market, Chipotle, Publix, Starbucks, Burton’s Grill & Bar and much more. TWO UNITS, each comprised of 2 bedrooms, 1 bath, washer/dryer, hardwood floors throughout, and private deck/patio. Totals 2,050 SF. Recent rents were $1,685 and $1,700 per unit per month. Historically there has been 0 vacancy with rent increases including during the pandemic. Both units are currently vacant to allow maximum flexibility to buyers, whether they are seeking owner-occupancy, new leases with tenants of their choice, AirBnB rental, redevelopment into a single family home, or a combination. Seller is open to providing tenants at closing. Recent CapEx includes: HVAC (both); hot water tanks (both); roof (2020), and miscellaneous items (bathroom vanities, washer/dryer in one unit, dishwasher in one unit). Additional value-add possible through light remodel.
  1. Listed by James Nay • River City Elite Properties
    P: (804)-704-1944 C: (804)-704-1944 james@jamesnay.com

Property Details for 3516 Floyd Avenue

Architectural Style
Two Story
Subdivision Name
None
Waterfront
No
LISTING UPDATED: 10/31/2024 07:36 PM

Property Details for 3516 Floyd Avenue

StatusClosed
MLS #2426823
Days on Market5
Taxes$6,708 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Familly
MLS TypeResidential Income / Duplex
Year Built1954
Lot Size0.11 AC / 4,678 SF
CountyRichmond Independent City

Building Information for 3516 Floyd Avenue

Stories2Residences2Year Built1954Lot Size0.11 AC / 4,678 SF

Property Information for 3516 Floyd Avenue

Summary
Location and General Information
  • City: Richmond
  • City Region: Museum District
  • County Or Parish: Richmond City
  • Directions: Heading downtown, take Cary E. to Left on Thompson right on Floyd to 3516.
  • Latitude: 37.55812
  • Longitude: -77.486287
  • Postal City: Richmond
  • Postal Code: 23221
  • Postal Code Plus4: 2713
  • State Or Province: VA
  • Unparsed Address: 3516 Floyd Ave
  • Zoning Description: R-48
Taxes and HOA Information
  • Parcel Number: W000-1602-040
  • Tax Annual Amount: $6,708.00
  • Tax Assessed Value: $559,000.00
  • Tax Legal Description: 0036.00X0130.00 0000.000
  • Tax Year: 2024
School Information
  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson
  • Middle Or Junior School: Albert Hill
Parking
  • Garage: No
  • Parking Features: Driveway, Off Street, Unpaved
  • Garage Parking Features: Driveway, Off Street, Unpaved
Property
Lot Information
  • Living Area: 2,050.00
  • Lot Size Acres: 0.1074
  • Lot Size Area: 0.1074
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Duplex
Property and Assessments
  • Number Of Units Total: 2
  • Type of Property: Residential Income
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1954
  • Year Built Details: Actual
  • CLIP: 1,023,794,504
  • Development Name: Museum District
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Storage, Unpaved Driveway
  • Fencing: Back Yard, Chain Link, Fenced
  • Roof: Shingle
Interior Features
  • Appliances: Water Heater
  • Basement: Crawl Space
  • Basement: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Interior Features: Bedroom On Main Level, Ceiling Fans, Dining Area, High Speed Internet, Main Level Primary, Wired For Data
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Levels: Two
  • Patio And Porch Features: Rear Porch, Deck, Front Porch
  • Window Features: Thermal Windows
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Dryer Hookup,Refrigerator,Separate Cooling Source,Separate Heating Source,Washer Hookup,Water Heater,Central Air,Electric,Forced Hotair,Natural Gas
  • 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: 1025.0
  • Unit Type Actual Rent Range 1: 1800
Unit 2
  • Unit Type Description 2: Dishwasher,Dryer Hookup,Refrigerator,Separate Cooling Source,Separate Heating Source,Washer Hookup,Water Heater,Central Air,Electric,Forced Hotair,Natural Gas
  • Unit Type Actual Rent 2: $1,800.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Leased 2: No
  • Unit Type Num Full Baths 2: 1
  • Unit Type Num Half Baths 2: 0
  • Unit Type Area 2: 1025.0
  • Unit Type Actual Rent Range 2: 1800
Income and Expenses
  • Gross Income: $3,600.00
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 3516 Floyd 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 3516 Floyd Avenue

Taxable ValueLand$225,000Additions$334,000Total$559,000
Tax Record2023$6,708 ($559 / month)
Home Facts
Baths2Total Finished SqFt2,050 SqFtAbove Grade Finished SqFt2,050 SqFtStories2Lot Size4,680 SqFtStyleMulti-Family Dwelling (2-4)Year Built1954Year Renovated1970ZoningR-48 MULTI FACountyRICHMOND CITYAPNW-000-1602-040

Schools near 3516 Floyd Avenue

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John B. Cary Elementary School
PublicPK to 5

Albert Hill Middle School
Public6 to 8

Open High School
Public9 to 12

Thomas Jefferson 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 River City Elite Properties, James Nay

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.