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Assigned
Opportunity in the Heart of Hopewell!
1001 Elm St Hopewell VA 23860
Available for $82,000
Beds: 3
Baths: 1
Sqft: 1,407
Year Built: 1939
Taxes: $1,281/2025
0.24 Acre Lot​​
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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***​​​
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This Hopewell property presents a solid opportunity for investors looking to add to their portfolio in an established area with strong rental potential. Featuring an enclosed porch along with central air and forced air heating, the home offers desirable fundamentals for both tenants and future resale. Conveniently located near major routes like I-295, I-95, and Route 10, it provides easy access to Richmond, Fort Gregg-Adams, and surrounding employment hubs. With nearby shopping, dining, and access to the James River, this property is well-positioned for investors seeking location-driven upside.​
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ARV: $225K
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Comps:
1. 3 Bed, 1 Bath, 920 Sqft - 508 S 19th Ave. Hopewell, VA 23860
Sold for $225,000 on 02/13/26​
2. 3 Bed, 1 Bath, 805 Sqft - 2502 Poplar St. Hopewell, VA 23860
Sold for $220,000 on 03/06/26
3. 3 Bed, 2 Bath, 1,200 Sqft - 327 S 12th Ave. Hopewell, VA 23860
Sold for $265,000 on 02/17/26
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Property Highlights:
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Enclosed Porch
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Central Air
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Forced Air Heating
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Convenient Location
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PID: 042-0795
Legal Description: LOT 7 BLK 25 SUBDIVISION: HIGHLAND PARK
These deals are brought to you off market and are ONLY available to CASH & HARD/PRIVATE MONEY LOANS that can CLOSE QUICKLY
*Assignment of Contract* All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents please add your commission to the sales price paid by the buyer.

















