BEDS3
BATHS1 full 1 partial
SQUARE FEET1,776
MLS#2624579
STATUSActive
PROPERTY TYPEResidential - Single Family
Property Description
Prime investment opportunity in Richmond's highly sought-after Church Hill neighborhood. The existing property has good bones and is currently clean inside but requires a full renovation. Outside junk has been taken care of as well. An investor can renovate the existing structure and position it as a flip, or pursue redevelopment of the site. FLIP OPPORTUNITY: Projected ARV: Approximately $350,000. The existing home provides an opportunity to renovate and create a high-quality finished product in a strong Richmond location. REDEVELOPMENT OPPORTUNITY for builders and developers: Lot Size: 6,011 SF, Pre-Approved Plans: Yes, Demo Permit: ready / available. This allows a developer to evaluate the site as a potential redevelopment project rather than being limited to renovating the existing structure. IDEAL BUYER. This opportunity is ideal for: Flippers looking for a renovation project with an estimated $350K ARV. Builders/Developers looking for a redevelopment site with preapproved plans already in place. Investors looking for a property with multiple potential strategies.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Two Story
Lot Size: 0.14 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $1,968
Year Built: 1920
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 2
Exterior: Drywall, Frame, Wood Siding
Fencing: None
Floor Features: Wood
Parcel#: E000-0768-025
Patio/Porch: Front Porch, Stoop
Sewer: Public Sewer
Water: Public
Local Schools
High School: Armstrong
Middle School: Martin Luther King Jr.
Elementary School: Woodville
Listed By / Shown By
Listed By
Agency Name: Exit First Realty
Shown By
Agency Title: Napier Realtors ERA
Agency Phone: 804-794-4531
Estimate Your Payment
Estimated Payment
$ 730.38 per month $500.75 Principal & Interest $164.00 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
Listed By: Exit First Realty
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