3119 1st Avenue, Richmond, VA 23222 (MLS # 2529276)

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PRICE $565,000 BEDS 5 BATHS 3 HOME SIZE 3,397 sqft LOT SIZE 9,801 sqft Request More Info Schedule a Showing

INVESTOR ALERT & SMART HOMEBUYERSS! This property offers incredible income potential. Currently operating as a Group Home, its spacious layout is also perfectly suited for a Pad Split model or an Active Adult Home. This is also a fantastic opportunity for an owner-occupant seeking great income potential, thanks to its prime location and easy access to public transport. Why just live in a home when it could be paying you? This all-brick gem immediately impresses with a rare 1st Floor Bedroom, soaring 10-foot ceilings on both the first and second floors, and 6 distinct fireplaces. Character is everywhere: an inviting wraparound porch, original 1920s hardwood floors, stained glass windows, and intricate woodwork. The spacious, open rooms are perfect for grand entertaining, from the formal dining room to the expansive two-story rear deck overlooking the large, fenced backyard. Thoughtful updates blend seamlessly with timeless craftsmanship. The kitchen and bathrooms feature modern granite countertops, and the home is protected by a BRAND-NEW ROOF (2025). For extra peace of mind, the rear deck is scheduled to be fully painted. This extraordinary home offers endless space, charm, and a basement for storage or future potential. Don't miss this rare opportunity to own a piece of history. Note: Although no known defects, Shed, Fireplaces, and Chimneys are sold "as is."