3 N Daisy Avenue, Highland Springs, VA 23075
MULTI_FAMILY - Other - Highland Springs, VA
- Added:
- Jun 24, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 26 at 2:06 pm
Property Features for 3 N Daisy Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Paved or Surfaced, Off Street
- Patio and Porch features
- Porch, Deck
- Exterior features
- UnpavedDriveway
- Fencing
- Fenced
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 822-725-3034
- Size
- 2,550 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HIGHLAND SPRINGS SC 1 BL D LT 7 11 A1 2
- Tax Annual Amount
- 2431
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1937
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Asbestos, Brick, Drywall
- Roof type
- Metal
- Architectural style
- Other
Listing agent Treva Thomas License #0225217556 (804) 334-4735
Listing office Joyner Fine Properties 5820 Patterson Avenue, Suite 201, Richmond, VA (804) 270-9440
Listing date Jun 24, 2026
Copyright © 2026 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.
HighLights
- Income‑producing duplex with rent roll of $3,100; Unit 1 (downstairs) and Unit 2 (upstairs) each have 3 bedrooms and 1 full bath.
- Unit 1 was completely renovated in 2025 with fresh paint, new LVP floors, new kitchen and bathroom, 7 new windows, and a new water heater.
- New HVAC unit and new roof; new sewer main with clean out and new partial fencing.
- Both units include washer/dryer; owner pays water while tenants pay all other utilities.
- Public water and public sewer; metal roof and brick exterior with drywall interior materials.
- 1937‑built duplex with deck and porch, fenced yard, and off‑street parking plus paved/surfaced driveway.
Overview
Additional property improvements include a new HVAC unit, a new roof, and a new sewer main with clean out, along with new partial fencing. The owner pays water, while tenants are responsible for all other utilities. Unit 2 (upstairs) has a tenant in place for the past three years.
The property is suited for buyers seeking an income-producing duplex with meaningful recent capital improvements and in-unit laundry. With separate upstairs and downstairs layouts, the building can support straightforward leasing and resident management, while the included utility structure clarifies ongoing operating responsibilities.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.3k | $19.32 |
| − Vacancy | −$4.6k | −$1.82 |
| EGI | $44.6k | $17.50 |
| − OpEx | −$13.4k | −$5.25 |
| NOI | $31.2k | $12.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Highland Springs
- County
- Henrico
- State
- Virginia
- Longitude
- -77.329307
- Latitude
- 37.548434
