Centrally located duplex on Hanover Avenue! Each unit offers 2 bedrooms, 1 full bath, living room, laundry area, and eat-in kitchen with electric cooking, built-in microwave, and refrigerator. The second-floor unit includes a walk-up third-floor loft not counted in total finished square footage. Features include exposed brick walls, built-in shelving, washer/dryer in each unit, and rear deck off first level. Partial walk-out basement provides additional storage. Both units have central air, gas hot water radiator heat, and natural gas water heaters. Windows are double-paned, tilt out newer windows. Refrigerator in upstairs unit is less than a year old. Brand new privacy fence and gate. While current lease rates have not been increased in several years, market rental values have appreciated notably. The sellers chose to keep rent stable out of respect for their long-term tenant upstairs, who has been easy to work with and takes excellent care of the property. This property offers strong income potential with room for upside or the flexibility to convert back to a single-family residence if desired.
Property Features
Bathrooms
Interior Features
Appliances
- GasWaterHeater
- Laundry Features: WasherHookup, DryerHookup
Other Rooms
- Basement Description: CommonBasement,CrawlSpace,Partial
Exterior and Lot Features
- Fencing: BackYard, Fenced
- Patio And Porch Features: FrontPorch
- Porch: Yes
Land Info
- Lot Size Acres: 0.0596
- Lot Size Square Feet: 2596
Garage and Parking
- Parking Features: OnStreet
School Information
- Elementary School: Fox
- High School: Thomas Jefferson
- Middle School: Dogwood
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 7788
- City Region: Fan District
- Source Listing Status: Active
- County: Richmond City
- Tax Year: 2025
- Ownership: Individuals
- Source Property Type: ResidentialIncome
- Area: 10 - Richmond
- Property Subtype: townhouse
- Source Neighborhood: 10 - Richmond
- Ownership Type: SoleProprietor
- Parcel Number: W000-0732-007
- Postal City: Richmond
- Postal Code Plus 4: 3505
- Zoning Description: R-6
- Property Subtype: Duplex
Building and Construction
- Total Square Feet Living: 2452
- Year Built: 1910
- Below Grade Unfinished Area: 1226
- Construction Materials: Brick, Block, Mixed
- Levels: Two
- Property Age: 115
- Roof: Flat, Rubber, Slate
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Townhouse
- Year Built Details: Approximate
- Architectural Style: RowHouse
Utilities
- Sewer: PublicSewer
- Water Source: Public