Richmond, VA 23225,4506 Forest Hill AVE
Richmond, VA 23225,4506 Forest Hill AVE
Richmond, VA 23225,4506 Forest Hill AVE
Richmond, VA 23225,4506 Forest Hill AVE
Richmond, VA 23225,4506 Forest Hill AVE
Richmond, VA 23225,4506 Forest Hill AVE
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$ 450,000
Est. payment | /mo

2,145 SqFt


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$ 450,000
Est. payment | /mo
Save

2,145 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,145 sqft

Price per Sqft $209

Subdivision Forest Hill Park Terrace

MLS Listing ID 2512699

Style Colonial,Two Story

Construction Status Actual

HOA Y/N No

Year Built 1929

Annual Tax Amount $5,580

Tax Year 2025

Lot Size 10,001 Sqft

Acres 0.2296

Property Sub-Type Duplex

Property Description

AMAZING OPPORTUNITY FOR INVESTOR OR OWNER/OCCUPANT! Overlooking historic, tree-lined Forest Hill AVE, this 2-story duplex is located in one of the most vibrant areas of RVA. Property currently features 2 separate units (both vacant): 1st floor 2 BR/1.5 bath and 2nd floor 2 BR/1 bath. Each has its own gas and electric meter and share a water meter (owner paid monthly bill). Each unit also features a private, screened porch. A shared, fenced backyard and large shed add inviting outdoor space and storage for residents. Off street parking off alley. This property offers immediate income potential for an investor or an owner occupant who wants to live in one unit while earning rental income from the other and a rejuvenation could transfer this "grand dame" into a lucrative investment or a charming and spacious single-family home! Unfinished 960 s/f basement and 480 s/f walk up attic offer room for expansion. Contact the City of Richmond for tax abatement and ADU possibilities. Offering a lifestyle of convenience, walk or bike to nearby amenities like Westover Hills Library or Forest Hill Park/Farmer's Market. Savor some of the best local food and beverage options at Little Nickel, The Veil Brewing Company, Blanchard Coffee, and Charm School ice cream. Whether you are looking for a place to call home in a desirable location or seeking an investment opportunity with promising rental potential, 4506 Forest Hill AVE delivers on all fronts. Schedule a showing today and envision the endless possibilities that await!

Location

State VA

County Richmond City

Community Forest Hill Park Terrace

Area 60 - Richmond

Direction Forest Hill AVE just East of W 46th. Home on right. NO SIGN. Park on W 46th or off alley behind property - by turquoise shed.

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Bookcases, Built-in Features, Bedroom on Main Level, Separate/Formal Dining Room, Fireplace, Laminate Counters

Fireplace Yes

Appliance Gas Water Heater

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Storage, Shed

Parking Features Detached

Fence Back Yard, Fenced

Roof Type Slate

Porch Rear Porch, Front Porch, Screened

Garage No

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public

Architectural Style Colonial, Two Story

Level or Stories Two

Structure Type Brick,Block,Plaster,Stucco

Construction Status Actual

Schools

Elementary Schools Westover Hills

Middle Schools River City

High Schools Huguenot

Others

Tax ID S006-0348-017

Ownership Individuals

Central Virginia Regional MLS (CVR MLS)
Listed by Shaheen Ruth Martin & Fonville
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4506 Forest Hill AVE