529 Mosby Street, Richmond, VA 23223
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
529 Mosby Street,Richmond, VA 23223
$199,950
- 2 Beds
- 2 Baths
- 1,261 sq. ft.
- Single family
- Active
Listed by:christian brock
Office:hometown realty
MLS#:2526036
Source:RV
Price summary
- Price:$199,950
- Price per sq. ft.:$158.56
About this home
Great chance to buy a home in R-63 zoning in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood. By Right options include renovating the existing home and adding an ADU, building up to 5 additional units as a multifamily, or making the current home a detached two family dwelling. NO SUP needed - giving homeowners, investors, builders, and developers tremendous flexibility. Whether your goal is to build to sell or build to rent, the options are endless. Located only one block from beautiful Jefferson Park and just a short walk to Union Hill’s favorite restaurants and cafes (Pizza Bones, Fat Rabbit Bakery, Alamo BBQ, The Roosevelt, and more), this property is surrounded by established community charm and steady growth. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the existing structure on the lot (48’x159’) is primed for a major renovation or a large addition with an ADU. Restoring and expanding the current building could yield a high-value resale or long-term rental. This unusually deep city lot also provides room for off-street parking from the alley and generous outdoor space -features that are increasingly rare and highly desirable in this market. Opportunities like this, with zoning already in place and development pathways clearly defined, are exceptionally rare. Don’t miss your chance to invest in a fast-growing neighborhood and bring your project to life in one of the city’s most dynamic locations!!
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Home facts
- Year built:1900
- Listing ID #:2526036
- Added:1 day(s) ago
- Updated:September 17, 2025 at 05:56 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:1,261 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:1,261 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Armstrong
- Middle school:Martin Luther King Jr.
- Elementary school:Bellevue
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,950
- Price per sq. ft.:$158.56
- Tax amount:$2,748 (2024)
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