24615 Brickwood Meadow Ln, Petersburg, VA 23803

Property Status: Pending (Wholesale) | Pending: $65,000.00



Property Features:

  • Central Air
  • Fireplace
  • Patio
  • Porch
  • Fenced Yard


Super Profitable Rehab in Northern Dinwiddie


This home was built in 1994 with 1733sf and per tax records has 3 bed and 2 baths however actually it has 4 beds and 2.5 baths and due to the damage sustained by a second story fire there is an opportunity to increase the size of the second floor or keep with the existing plan and easily rebuild. The Lower two levels are mostly good, needing some drywall in one room and flooring and paint while the upper floors will need a new roof structure and some re-framing of a couple walls, Photos do not do this project justice. It looks rough and complex however it should be a relatively easy and very profitable repair for the right buyer. Comparables in the area suggest an ARV between $200,000 to as much as $225,000 conservatively. A similar floor plan home on the same street sold in October for $188,000 after being on the market for only 9 days with no recent improvements and 3 bedrooms and 2 bathrooms. Once finished this home will essentially be new with similar new homes selling for $190,000 to $245,000 within a 1.5 mile radius.

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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