102 N Lombardy Street, Richmond, VA

$1,599,000

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0.08

Acres

About 102 N Lombardy Street

Remarkable, mixed-use property in the heart of the Fan District located at the corner of Lombardy Street and Floyd Avenue. Property consisting of cash-flowing laundromat (commercial unit) and 3 residential apartments. Laundromat business and assets are to be sold with the sale of the real property. Machines are new & utilize the Laundry Boss platform. Purchaser will have the option to continue the business or redevelop. Well maintained and renovated apartment units: Luxurious, 1st level owner's suite (APT 3) consists of hardwood floors, granite kitchen counter tops, and in-unit laundry. 1 Bath,1-BDRM/Studio unit (APT 1) with LVP flooring and walk-in closet off en suite. Large, second-level 3 BDRM 2 full bath unit with newly renovated kitchen, LVP floors and rooftop deck. All utilities for the laundromat are separately metered, residential units share metering for water only and are paid by the landlord. Additionally, a generous storage room is located at the rear of the first level (not included in any unit's measurement) & accessible only by the landlord. Unique opportunity combines option to continue a low-involvement business and passive real estate investment. Net Annual Income is $101,265.

Features of 102 N Lombardy Street

MLS® # 2329241
Price $1,599,000
Bathrooms 0.00
Acres 0.08
Year Built 1893
Type Commercial Sale
Style Garden Home
Status Active

Community Information

Address 102 N Lombardy Street
Area 10 - Richmond
City Richmond
County Richmond City
State VA
Zip Code 23220

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Individual, Wall Furnace
Cooling CentralAir
Fireplace No
# of Stories 2

Exterior

Exterior Brick
Exterior Features Other
Lot Description Level
Roof Flat, Rubber

Additional Information

Date Listed November 30th, -0001
Days on Market 322
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLiz Moore & Associates

Listing Map

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