1316 and 1318 N 24th St, Richmond, VA 23223

Property Status: Available (Wholesale) | For Sale: $131,000.00

1 Bedrooms / 1 Baths / Single Family

Property Photos


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $131,000.00
Property Details:
Property Style:
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Noble Heart Homes LLC
(804) 779-5538

View on Individual's Website
1316 & 1318 N 24th St, Richmond, VA 23223 1bd /1bth each 68k Each OR 131K For BOTH!! ARV: 130k+ Each Repairs: 25-35K Each(For Flip) Rental Repairs 10-15K RIGHT ACROSS FROM NEW GROCERY STORE/ VCU/ J-SARGE You Really Can't Get Closer To Revitalization Than This!! They are currently putting finishing touches on the grocery store, student housing, VCU heart specialist center AND J- Sargent Reynolds culinary school.......Literally across the street from these two houses!! You could sit on them for 2-3 years and watch them appreciate substantially. You could also fix them up and get them ready for student housing since it won't be long before they flood the area....... Currently only rented for $450 each but tenants may be Ok with an increase up to $750. You can rent for 10-15k in work(currently rented) Or hold and rehab later(Rehab Est. @ 25-35K Ea.) List of Repairs/Upgraded Needed(for a flip): Flooring Update bathroom Plumbing Upgrade Power Washing Paint/Cleanup Slight Kitchen Upgrading Electrical Paneling replacement Windows(7-some small) A/C Unit, Furnace and ductwork in place List of what it already has had completed: New coat on metal roof Newer Forced Air Furnace New tile in kitchen at 1316 Vinyl Siding New back porch on 1316 Counter/cabinets in kitchen not too old Comps used to determine Freshtimate $123,195.00 - $151,897.00 Location Last Sale Last Price Beds Baths Sq. Ft. Distance 1219 N 24th St, Richmond, VA 23223 3/1/2019 $163,000 2 1 960 0.07m 1320 N 22nd St, Richmond, VA 23223 12/21/2018 $147,000 2 1 940 0.13m 1306 N 26th St, Richmond, VA 23223 06/04/2018 132,500 1 1 560 0.13m 1611 N 27th St 03-05-2019 $129,950 3 2 912 0.3 mi 1103 N 22nd St 05-29-2018 $166,000 2 1 903 0.1 mi

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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
  • Rockville, VA 23146

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