Sold

333 Oliver Hill Way

VA, 23219

$3,200,000


$157.64 per sqft

Sold

20,300 sqft

Unknown

Built in 1910

Seventeenth Street Lofts presents prospective buyers a fully occupied Opportunity Zone investment with dedicated on site parking and an opportunity to substantially increase net operating income by charging for parking, billing back residents for utility usage, and streamlining operating expenses.

PHYSICAL SUMMARY

Completely redeveloped in 2003 using Historic Tax Credits
-21 on-site parking spaces
-Elevator serviced
-Type IV Construction (masonry exterior with heavy timber interior structural members)
-PVC waste, copper domestic water supply
-Total Floor Area 25,000 SF
-Ground floor on slab: 5 apartments
-First floor: 5 apartments
-Second floor: 4 apartments
-Third floor: 5 apartments
-Fourth floor: 5 apartments
-Fully sprinklered, smoke detectors in units and corridors
-Units individually metered for electricity
-Units conditioned by individual split system heat/AC

Unit amenities
-Washer/dryer/dishwasher
-Granite countertops, stainless appliances
-Original concrete and maple floors
-Abundant natural light from large picture windows

2009942

MLS ID

March 2, 2020

Listed

February 10, 2024

Updated

Map

333 Oliver Hill Way
VA, 23219

Interior Features

Total Stories

4


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.26 Acres


Lot Features

Level


Roof

Flat


Sewer

Sanitary

Other Property Details

Area Name

10 - Richmond


Days on Market

99


Garage

No


View

No


County

Richmond City


Water Source

Public


Pool

No


Buyer Agency Compensation

1%

 

Courtesy of One South Realty Group, LLC

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. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 2/10/2024

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