20 N Virginia Ave, Richmond, VA 23223

Property Status: Available | For Sale: $86,300.00



Property Features:

  • Central Air
  • HUGE lot that could fit a 2nd "shotgun style" home!!


Perfect Quick Flip without a ton of work required! In a good area near the airport with new homes being built behind it! ARV $145k


This 3 bed/1 bath home is an all brick rancher only a few miles from the Richmond International Airport with a very large lot and the neighborhood has new houses and renovations going on all around it. Most of the property is in great condition and just in need of cosmetics/upgrades. There was a roof leak and the owner is currently filing an insurance claim which will roll over to you at closing. The electric is updated along with windows and the hardwood floors run throughout the home except the bathroom and kitchen. There is a nice size carport along with a shed which is also a sturdy structure like the home itself. There is central air and an oil burning furnace with all ductwork in place so if you wanted to upgrade to a heat/HVAC unit it should be fairly easy. The bathroom and kitchen need updating along with some sheetrock in the 3rd bedroom but there is no major structural work needed otherwise(except replacement of floor/roof where leaking took place that will be covered by the insurance). This is another quick flip that will surely be ready by the beginning of next year! This is a quiet neighborhood and comparable homes like this one typically go for around $145k. With about $25k worth of work and a purchase price of $85k, this will turn a nice profit fairly quick. But don't forget, you still have the possibility of adding a SECOND home on this lot and DOUBLING your profits! With new houses being built in the area, this could really turn into a fantastic investment! Call or email so we can send you more photos/videos and comps!

Richmond Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Richmond Real Estate Investors Association
  • (804) 254-7653
  • 15430 Pouncey Tract Rd
  • RockvilleVA  23146

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