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Image 1 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 2 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 3 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 4 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 5 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 6 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 7 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 8 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Image 9 - 406 W Franklin St, Richmond, Virginia, 23220 - House for sale
Home For Sale In Richmond, Virginia
406 W Franklin St, Richmond, Virginia, 23220

Home For Sale In Richmond, Virginia

house for sale
Listed: 06/13/24

406 W Franklin St, Richmond, Virginia, 23220

Studio Bed:
2,150 Sq Ft Living Area:
Save
Price
$ 649,950

About This House

Youll find The Carriage House located in RVAs bustling downtown scene where its an easy walk to restaurants, shopping, Monroe Park, VCU, Historic Tredegar and much more! Its zoned by Richmond City as two tourist homes which makes utilizing sites like AirBnB and VRBO a relative breeze. The building was renovated in 2017, so theres a nice blend of old world charm and modern conveniences. Each unit offers original hardwood floors, tall ceilings, replacement vinyl windows, white cabinets and SS appliances in the kitchen, in-unit washer/dryer, spacious bedrooms, and on-trend bathrooms. Plumbing, electrical, HVAC,and new walls were all completed during the 2017 renovation and the roof was replaced in 2022. The Carriage House offers up a lot of old Richmond charm, but its also a savvy move for investors looking to expand in the RVA market!

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Carver Housing & Living

Household Income

Median household income: $42,356
Number of households: 89,238
The average household income in Richmond, VA grew from $41,187 to $42,356 in the past year. This data is an estimate based upon 89,238 households in Richmond, VA.
The chart below presents how household income is distributed in Richmond, VA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Richmond, VA compared to median property taxes around the country. The prevalent amount of property taxes in Richmond, VA equals $3k+ , which is less than the national average.