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529 Mosby Street, Richmond, VA 23223

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For Sale

$199,950

2 beds • 1 baths • 1 half baths • 1,261 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $158.56
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!!
MLS# 2526036

Courtesy Of Hometown Realty Services

(804) 335-1414

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 529 Mosby Street, Richmond, VA 23223

Home seller CENTURY 21 Lifestyle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lifestyle

(804) 722-3391
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.