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317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
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317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
317 S Granby St
Pending

317 S Granby St

317 S Granby St, Richmond, VA 23220

$474,950
Turnkey investment opportunity featuring a well-maintained duplex with two income-producing units, ideal for both seasoned investors and those looking to expand their portfolio! Each unit offers 2 bedrooms and 1 full bath, with strong rental history and upside potential based on current market comparables.

Unit A offers approximately 800 sq ft and is currently leased at $1,270/month plus $80 pet rent ($1,415 total), with a lease term through 05/31/2026. This unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Estimated market rent ranges from $1,700-$1,750, presenting an excellent value-add opportunity.

Unit B features a more spacious layout at approximately 1,085 sq ft and is leased at $1,335/month through 06/07/2027. Similar to Unit A, this unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Market rent is also projected at $1,700-$1,750.
Both tenants pay all utilities, minimizing owner expenses. Interior highlights across the property include hardwood flooring, ceramic tile, stainless steel appliances, ceiling fans, and built-in bookshelves, creating a desirable living space for tenants. Exterior features include a charming front porch and fenced rear yard, adding to tenant appeal.

With stable leases already in place and room to increase rents over time, this property offers a strong combination of immediate cash flow and long-term appreciation potential. Renewal status to be confirmed, providing flexibility for future planning.
Don't miss this opportunity to own a solid, income-generating property with built-in upside!

Studio

2,170 Sq.Ft. LIVING AREA

3,075.34 Sq.Ft. lot

Paul Liberti

Paul Liberti

Features & Amenities

Interior

  • total bedrooms0
  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Pending
  • Living Area2,170 Sq.Ft.
  • Lot Area3,075.34 Sq.Ft.
  • MLS® ID2606586
  • TypeMulti-Family
  • YEAR BUILT1925
  • NeighborhoodRichmond
  • Architecture StylesTwo Story
  • Elementary SchoolLois-Harrison Jones
  • Middle SchoolAlbert Hill
  • High SchoolThomas Jefferson

Exterior

  • STORIES2
  • water SourcePublic
  • roofShingle
  • sewerPublic Sewer

Financial

  • Sales Price$474,950
  • Real Estate Tax $4,776/yr
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Thank you for your interest in 317 S Granby St, Richmond, VA 23220. We are reviewing your request and will be in touch shortly!

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