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… Read More 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. Read Less
Courtesy of Exit First Realty 804-527-3948
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Partial Baths
2
Lot Size
0.14 Acres
Year Built
1920
MLS Number
2624579
30 Days Snapshot Of 23223
$412k
+19%
(avg) sold price
34
-39%
homes sold
27
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Below Grade Finished Area: 0, Construction Materials: Drywall, Frame, WoodSiding, Living Area Source: Assessor, Rooms Total: 8
Exterior Features
Patio And Porch Features: FrontPorch, Stoop
Lot
Parcel Number: E000-0768-025
Property
Property Condition: Resale, Property Sub Type: Single Family Residence