618 S Laurel Street, Richmond, VA 23220

LATEST
bedrooms 6
|Townhouse
THB ฿11,766,719
USD $349,950
Published on: 14 Feb 2025
Last updated on: 17 Feb 2025
618 S Laurel Street, Richmond, VA 23220
618 S Laurel Street, Richmond, VA 23220
618 S Laurel Street, Richmond, VA 23220
+13
618 S Laurel Street, Richmond, VA 23220
  • 13
Property ID: 110097351154
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Row House,Two Story, Duplex - Richmond, VA

618 S Laurel Street, Richmond, VA 23220
Oregon Hill duplex with plenty of upside for someone willing to take on a construction project.  The property currently generates $3,600 / month.   Both leases good through June of 2025.  Current rents are below market and could be raised after renovations.  Tenants pay all utilities on separately metered units.  Owner has received city approval to build an Accessory Dwelling Unit (ADU).  The ADU would be a studio apartment built over a detached garage off the rear alley. Owner believes ADU and garage could generate an additional $1,500/month in rent.  The ADU permitting and architectural drawings will convey with the sale.  Proximity to VCU / MCV and downtown Richmond create exceptional demand and limited turnover with occasional vacancies quickly filled.  This pedestrian friendly neighborhood offers quick access to the main campus of VCU and the James River Park system. This property is being sold "As-Is" no exceptions.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
324.96 m2
Building Size
195.28 m2
Year Built
1914
Rooms
6 bedroom(s)
Architecture Style
Other
Num Floors
2
County
Richmond City
Parcel ID
W000-0165-019
Provider
Central Virginia Regional Multiple Listing Service
Brokerage Office Name
Shaheen, Ruth, Martin & Fonville
Brokerage Office Phone
(804) 288-2100
Address
618 S Laurel Street, Richmond, VA 23220

Nearby Schools

TypeSchool nameDistrict name
HighThomas JeffersonNot available
ElementaryFoxNot available
MiddleDogwoodNot available
JuniorhighDogwoodNot available

Tax History

YearTax amount
2024USD $5520THB ฿185,604*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Michael Hanky
Shaheen Ruth Martin & Fonville
420 North Ridge Rd, Richmond, VA 23229
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420 North Ridge Rd, Richmond, VA 23229
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      Property ID: 110097351154

      Data provided by Central Virginia Regional Multiple Listing Service, MLS #: 2503555
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