Richmond, VA 23220,1106 S Lombardy ST
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Richmond, VA 23220,1106 S Lombardy ST
Richmond, VA 23220,1106 S Lombardy ST
Richmond, VA 23220,1106 S Lombardy ST
Richmond, VA 23220,1106 S Lombardy ST

$415,000

Est. payment /mo

$399,000

4.0%
Est.Price: ?

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1106 S Lombardy ST Richmond, VA 23220

1,824 SqFt

SOLD DATE : 03/06/2025

Key Details

Sold Price $415,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $227

MLS Listing ID 2502294

Sold Date 03/06/25

Style Two Story

Construction Status Approximate

HOA Y/N No

Year Built 1957

Annual Tax Amount $3,816

Tax Year 2024

Lot Size 6,194 Sqft

Acres 0.1422

Property Sub-Type Duplex

Property Description

Prime investment opportunity in the heart of Richmond, VA. This built-as duplex features two spacious, two-story townhome-style units, each offering a 2-bedroom, 1-bathroom floor plan with separately metered electricity and water, making it an excellent option for both investors and owner-occupants alike. Situated on an expansive lot, the property boasts a large, fenced-in backyard, providing valuable outdoor space for tenants or potential future improvements. The location is highly desirable, positioned just minutes from Virginia Commonwealth University (VCU), the historic Fan District, and Carytown, ensuring strong rental demand year-round. Residents will enjoy close access to local hotspots, including Lamplighter Coffee Roasters, Garnett's Café, and Blanchard's Coffee, as well as convenient proximity to VCU's Monroe Park Campus, grocery stores, and major retail corridors. Richmond's thriving rental market continues to see steady appreciation, with strong demographic trends driving demand for well-located housing near major employment centers. Whether you're looking to expand your investment portfolio or secure an owner-occupied property in a high-growth area, 1106 S Lombardy Street offers exceptional potential in one of Richmond's growing neighborhoods. Don't miss this unique opportunity to own a versatile, income-producing asset in a premier location!

Location

State VA

County Richmond City

Area 10 - Richmond

Exterior

Roof Type Flat

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Brick

Construction Status Approximate

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools Thomas Jefferson

Others

Tax ID W000-0643-014

Ownership Individuals

Financing Conventional

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Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC
Bought with Providence Hill Real Estate
agent

Chris Herron

Broker

+1(804) 299-6722

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