10 days on rocket

1612 Pollock St 1600, 1606, Richmond, VA, 23222

$1,005,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,776 SqFt
$566/SqFt
Multi
Schools Nearby

Location

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1612 Pollock St 1600, 1606, Richmond$1,005,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1976
MLS #2410338
Lot Size0.17 Acres
StatusActive

About 1612 Pollock St 1600, 1606

Presenting three duplexes nestled in the heart of Richmond, this package deal offers six spacious 3-bed, 2-bath units, with five units currently rented, generating $5,075 in monthly income. With rents below market value, there's immense potential to increase revenue. Conveniently adjacent to each other, managing these properties is seamless, attracting tenants seeking both space and convenience. Unit rents range from $975 to $1,150, with one unit vacant, presenting an opportunity for market rent. Low maintenance and turnkey, these properties promise stability, growth potential, and a solid return on investment in the thriving Richmond real estate market.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1976
  • Stories: 2
  • Living Area: 1,776 SqFt

Listing Office:

  • Office Name: River City Elite Properties
  • Office Phone: (804) 822-5324
  • Listing Agent: Phillip Hughes

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Richmond Community High School, Public District Grades 9-12
  • Armstrong High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • Martin Luther King Jr. Middle School, Public District Grades 6-8
  • Overby-Sheppard Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-195, Take the Laburnum Ave exit, Turn right onto W Laburnum Ave E, Turn right onto Meadowbridge Rd, At the traffic circle, take the 4th exit onto Dill Ave, Turn right onto Pollock St, Properties on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,005,000
  • Price Per SqFt: $566/SqFt
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

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Richmond, VA

City

Med. Sold Price

$346.3K

Med. Price/SqFt

$218

Avg. Days On Market

18

# of Sold Homes

376

1612 Pollock St 1600, 1606 vs Richmond

10 DAYS ON ROCKET

-8 Days

$1,005,000

+$658.6K More

$566/SqFt

+$348 More

KEY TAKEAWAY

This property is $658.6K more than the Median Sold Price and $348/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2410338

Listing Office:

  • Office Name: River City Elite Properties
  • Office Phone: (804) 822-5324
  • Listing Agent: Phillip Hughes

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 12:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,083

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,080

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6246311
2
/10

  • Overby-Sheppard Elementary School

  • 2300 1st Ave

  • 0.84 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6246312
2
/10

  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 2.07 miles

  • Public District Grades 6-8

High School

school-card-donut-6246313
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 1.00 miles

  • Public District Grades 9-12

school-card-donut-6246314
1
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 1.37 miles

  • Public District Grades 9-12

school-card-donut-6246315
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 2.98 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,596. The most common annual income of people living in Richmond, VA is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23222›1612 Pollock St 1600, 1606

This home is located at 1612 Pollock St 1600, 1606 in Richmond, VA and zip code 23222 in the North Highland Park neighborhood. This 1,776 square foot home, which was built in 1976, sits on a 0.17 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,005,000.

Over 201 listings were sold over their listed price in April 2024 in Richmond, VA. In the same period over 85 listings were sold below the listed price and 89 listings were sold for the listed price. The number of listings in Richmond, VA increased by 10% between March 2024 and April 2024. In April 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $346,381.

From Rocket Homes Real Estate and based on county public records data.

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