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Assigned

Carytown Opportunity with Value-Add Potential!

510 S Sheppard St. Richmond, VA 23221

Available for $349,900

Buy It Now: $375,000

Beds: 3
Baths: 1
Sqft: 2,010

Finished Sqft: 1,340 between Main & 2nd Story

Unfinished Sqft: 670 in Full Basement

Year Built: 1924

Taxes: $3,276/2025

0.06 Acre Lot​

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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***

 

Located in the heart of Carytown, this property offers an exciting opportunity in one of Richmond’s most desirable and convenient areas. The home features public water and sewer, window-unit cooling, and hot water/steam heating. 

Could be converted into 3 Bedroom, 2.5 Bath home after finishing the full unfinished basement for the perfect value-add opportunity. Don't miss this one!

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 ARV:  600K

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Comps:

1. 3 Bed, 2 Bath, 1,596 Sqft - 3108 Grayland Ave. Richmond, VA 23221

Sold for $600,000 on 03/31/2026

2. 2 Bed, 2.5 Bath, 1,520 Sqft - 2919 Grayland Ave. Richmond, VA 23221

Selling for $679,000 on 08/14/2026​

3. 3 Bed, 2 Bath, 1,292 Sqft - 12 N Sheppard St. Richmond, VA 23221

Sold for $595,000 on 10/10/2025​​​​​​​​​​​​​​​​​

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Property Highlights:

  • Convenient Location in Carytown 

  • Public Water and Sewer

  • Cooling: Window Units

  • Heating: Hot Water Steam​

  • Full Unfinished Basement

  • Possibility to convert into a 3 bed, 2.5 bath home

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PID: W000-1348-023

Legal Description: 0021.25X0136.40 0000.000​​​​​​​​​​​​

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.

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