$335,000
$349,945
4.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,363 SqFt
SOLD DATE : 04/22/2025
Key Details
Sold Price $335,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,363 sqft
Price per Sqft $245
MLS Listing ID 2501870
Sold Date 04/22/25
Style Two Story
Bedrooms 3
Full Baths 1
Half Baths 1
Construction Status Unknown
HOA Y/N No
Abv Grd Liv Area 1,363
Year Built 1990
Annual Tax Amount $3,720
Tax Year 2024
Lot Size 3,449 Sqft
Acres 0.0792
Property Sub-Type Single Family Residence
Property Description
Nestled in a prime location, 515 Catherine St offers incredible potential for savvy investors. This 3-bedroom, 1-bathroom property is the sister property to 513 Catherine St, with similar renovation potential to transform it into a 4-bedroom, 4-bathroom layout, maximizing rental income and market value.
Currently rented for $2,196/month with no vacancies in 5 years, this property is a reliable income producer. While not as updated as its sister property, its charm and functionality make it a solid investment. With a spacious shared backyard, there's ample room to expand the property or enhance parking—a feature already setting this home apart in the area.
This is your chance to secure a valuable asset at an attractive price point. Investors can capitalize on the potential to increase rents significantly through thoughtful renovations, following the model of 513 Catherine St.
Tenants require atleast 24 hours notice to show please
Location
State VA
County Richmond City
Area 10 - Richmond
Interior
Heating Electric, Forced Air
Cooling Central Air
Flooring Carpet
Exterior
Pool None
Roof Type Composition
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two and One Half
Structure Type Frame,Vinyl Siding
New Construction No
Construction Status Unknown
Schools
Elementary Schools Carver
Middle Schools Albert Hill
High Schools Thomas Jefferson
Others
Tax ID N000-0242-004
Ownership Corporate
Financing Other
Special Listing Condition Corporate Listing
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Bought with Long & Foster REALTORS
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