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3518 E Richmond RD #U3 Richmond, VA 23223
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Key Details
Sold Price $125,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 760 sqft
Price per Sqft $164
Subdivision Villas Of Oakwood South
MLS Listing ID 2604638
Sold Date 04/17/26
Style Two Story
Bedrooms 2
Full Baths 1
Construction Status Actual
HOA Fees $121/mo
HOA Y/N Yes
Abv Grd Liv Area 760
Year Built 1966
Annual Tax Amount $1,224
Tax Year 2025
Lot Size 740 Sqft
Acres 0.017
Property Sub-Type Condominium
Property Description
Income-producing townhomes in Richmond's established east-end corridor. Six 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow.
Units 14, 12, 3 and 15 have been renovated with updated kitchens, LVP flooring, and modern finishes. Remaining units are well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.
Location
State VA
County Richmond City
Community Villas Of Oakwood South
Area 10 - Richmond
Direction 64 take 33 East Nine Mile Road exit. Turn right on Evergreen Road. Evergreen becomes Stoney Run Parkway. Turn right on East Richmond Road, then turn left to enter the condos.
Interior
Interior Features Ceiling Fan(s), Laminate Counters
Heating Electric, Heat Pump
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Appliance Electric Water Heater, Water Heater
Laundry Washer Hookup, Dryer Hookup
Exterior
Pool None
Roof Type Composition
Garage No
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Brick,Vinyl Siding
New Construction No
Construction Status Actual
Schools
Elementary Schools Chimborazo
Middle Schools Martin Luther King Jr.
High Schools Armstrong
Others
HOA Fee Include Maintenance Grounds,Maintenance Structure,Snow Removal,Trash
Tax ID E000-1763-088
Ownership Individuals
Financing Cash
Read Less
Bought with United Real Estate Richmond
Nearby Locations
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