Available for $138,000

Beds: 3
Baths: 1
Sqft: 912

Year Built: 1963

Taxes: $1,620/2025

0.14 Acre Lot​

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

 

Richmond opportunity offering strong value-add potential. The property features hardwood flooring, gas-powered wall heating, chain link fencing, and a spacious backyard, with public water and sewer. The roof is approximately 5 years old, while improvements needed include HVAC installation, siding repairs, and cosmetic updates. Located in a convenient area with easy access to I-95 and I-64, the property is close to downtown Richmond, shopping, dining, parks, and major employment hubs. Making it attractive to  homeowners and renters alike!

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Interior Video:

https://drive.google.com/drive/folders/1N3qJ1KPdRIHiMWH1JoRMGHtYbYMTph0_?usp=sharing​

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ARV: $240K​

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Comps:

1. 3 Bed, 1 Bath, 1,130 Sqft - 2319 Warwick Ave. Richmond, VA 23224

Sold for $255,000 on 05/09/2025

2. 3 Bed, 1 Bath, 1,014 Sqft - 1910 Ridgemont Rd. Richmond, VA 23224 

Sold for $230,000 on 01/30/2025

3. 3 Bed, 1 Bath, 993 Sqft - 2201 Wright Ave. Richmond, VA 23224

Sold for $237,000 on 01/12/2026

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Rental Comps:

1. 3 Bed, 1 Bath, 1,112 Sqft - 2111 Fairfax Ave. Richmond, VA 23224

Monthly Rent: $2,000

2. 3 Bed, 1 Bath, 1,135 Sqft - 1608 Columbia St. Richmond, VA 23224 

Monthly Rent: $1,900

3. 3 Bed, 1 Bath, 1,068 Sqft - 2214 Keswick Ave. Richmond, VA 23224

Monthly Rent: $1,900

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Property Highlights:

• Public Water & Sewer

• Hard Wood Flooring

• Gas Heating

• Roof Age: 5 Years 

• Window Units

• Chain Link Fencing

• Spacious Backyard 

• Convenient Location

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PID: S007-1381-025

Legal Description: MELROSE PTL5 B16 0045.00X0135.93 0000.000