WOW!!!! Incredible Investment Opportunity in North Highland Park Neighborhood!!! One Level Duplex with 2BR/1BA in both units. Do not miss this opportunity to purchase this amazing deal. Potential for multiple income-producing units on this nice size lot.
Multi-familyProperty Type
1959Year Built
8,302 sq ftLot Size
$114Price/Sq.Ft.
Listed by Ricky McNeal• Fathom Realty Virginia
Bought with Stephanie Prentice• United Real Estate Richmond
This is a great duplex with many upgrades. Each unit has 2 bedrooms, 1 bath, a full size kitchen and great living space. The windows have upgraded to vinyl replacement windows. The bathrooms and kitchens have newer vinyl floors. Newer carpet throughout each unit. Each unit is on separate gas and electric meters. Gas furnace has been upgraded and newer appliances in each unit. This duplex is currently rented for 1325/month. There is on street parking.
Public Records
Feb 28, 2003
Sold
$62,000
$46/sq ft
CVRMLS #OLD2303409
Feb 21, 2003
Listing Removed
—
Feb 5, 2003
Listed
$65,000
$48/sq ft
CVRMLS #2303409-20230214
Feb 17, 2003
Listing Removed
—
Feb 5, 2003
Listed
$65,000
$48/sq ft
Public Records
Nov 22, 1999
Sold
$40,000
$30/sq ft
Public Records
Jun 29, 1988
Sold
$37,500
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$1,560 (+31.3%)
$46,000 + $84,000
$130,000
2019
$1,188 (+4.2%)
$20,000 + $79,000
$99,000
2018
$1,140 (+2.2%)
$20,000 + $79,000
$99,000
2017
$1,116
$20,000 + $75,000
$95,000
2016
$1,116 (+13.4%)
$20,000 + $73,000
$93,000
2014
$984 (−3.5%)
$19,000 + $63,000
$82,000
2013
$1,020
$19,000 + $63,000
$82,000
Tax history for 3508 Meadowbridge Rd
Year
Property tax
Land + Additions
Assessment*
2022
$1,560 (+31.3%)
$46,000 + $84,000
$130,000
2019
$1,188 (+4.2%)
$20,000 + $79,000
$99,000
2018
$1,140 (+2.2%)
$20,000 + $79,000
$99,000
2017
$1,116
$20,000 + $75,000
$95,000
2016
$1,116 (+13.4%)
$20,000 + $73,000
$93,000
2014
$984 (−3.5%)
$19,000 + $63,000
$82,000
2013
$1,020
$19,000 + $63,000
$82,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
2
Stories
1
Lot width
53 ft.
Lot depth
129 ft.
Lot size
8,304 Sq. Ft.
Year renovated
1967
Sq. Ft.
1,355
Year built
1959
Style
Multi-Family (2-4 Unit)
County
Richmond City
APN
N0001558012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 21, 2023.
Property details
Interior
Multi Unit Information
# Of Units Total: 2
Unit Type 1
Unit Description: Gas Stove,Water Heater,Individual Window
# of Bathrooms Total: 1
Unit Type 2
Unit Description: Gas Stove,Water Heater,Individual Window
# of Bathrooms Total: 1
Lease Expires: Friday, December 31, 2021
Exterior
Building Information
Stories: 1
Stories (Total): 1
Year Built Details: Actual
Roof Details: Shingle
Construction Details: Brick, Block, Wood Siding
Lot Information
Lot Size Area: 0.1906
Lot Size Acres: 0.1906
Zoning Description: R-5
Financial
Assessments and Fees
Assessed Value: $112,000
Tax Information
Annual Tax Amount: $1,344
Tax Year: 2021
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,355
Stories: 1.0
Lot Size: 8,304 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1959
Year Renovated: 1967
County: Richmond City
APN: N0001558012
Home facts updated by county records on Jan 20, 2023
Around this home
Schools
Mary Scott Preschool
Public N/A • Assigned • 1.0mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Richmond, VA • 23222
Average low and high temperatures (°F)
44
26
50
31
67
43
75
52
77
58
87
68
90
73
82
66
79
62
71
50
63
42
49
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
10 hrs
5 hrs
JuneDecember
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