Prime investment opportunity in the heart of Richmond, VA. This built-as duplex features two spacious, two-story townhome-style units, each offering a 2-bedroom, 1-bathroom floor plan with separately metered electricity and water, making it an excellent option for both investors and owner-occupants alike. Situated on an expansive lot, the property boasts a large, fenced-in backyard, providing valuable outdoor space for tenants or potential future improvements. The location is highly desirable, positioned just minutes from Virginia Commonwealth University (VCU), the historic Fan District, and Carytown, ensuring strong rental demand year-round. Residents will enjoy close access to local hotspots, including Lamplighter Coffee Roasters, Garnett’s Café, and Blanchard’s Coffee, as well as convenient proximity to VCU’s Monroe Park Campus, grocery stores, and major retail corridors. Richmond’s thriving rental market continues to see steady appreciation, with strong demographic trends driving demand for well-located housing near major employment centers. Whether you're looking to expand your investment portfolio or secure an owner-occupied property in a high-growth area, 1106 S Lombardy Street offers exceptional potential in one of Richmond’s growing neighborhoods. Don’t miss this unique opportunity to own a versatile, income-producing asset in a premier location!