1411 Mechanicsville TPKE, Richmond, VA 23223
1411 Mechanicsville TPKE, Richmond, VA 23223
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$ 225,000
Est. payment | /mo

3 Beds

3 Baths

1,776 SqFt


Save
$ 225,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,776 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,776 sqft

Price per Sqft $126

MLS Listing ID 2624579

Style Two Story

Bedrooms 3

Full Baths 1

Half Baths 2

Construction Status Actual

HOA Y/N No

Abv Grd Liv Area 1,776

Year Built 1920

Annual Tax Amount $1,968

Tax Year 2025

Lot Size 6,024 Sqft

Acres 0.1383

Property Sub-Type Single Family Residence

Property Description

Prime investment opportunity in Richmond's highly sought-after Church Hill neighborhood. The existing property has good bones and is currently clean inside but requires a full renovation. Outside junk has been taken care of as well. An investor can renovate the existing structure and position it as a flip, or pursue redevelopment of the site.
FLIP OPPORTUNITY: Projected ARV: Approximately $350,000. The existing home provides an opportunity to renovate and create a high-quality finished product in a strong Richmond location.
REDEVELOPMENT OPPORTUNITY for builders and developers: Lot Size: 6,011 SF, Pre-Approved Plans: Yes, Demo Permit: ready / available. This allows a developer to evaluate the site as a potential redevelopment project rather than being limited to renovating the existing structure.
IDEAL BUYER. This opportunity is ideal for: Flippers looking for a renovation project with an estimated $350K ARV. Builders/Developers looking for a redevelopment site with preapproved plans already in place. Investors looking for a property with multiple potential strategies.

Location

State VA

County Richmond City

Area 10 - Richmond

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Wood

Appliance Gas Water Heater

Exterior

Fence None

Pool None

Roof Type Metal

Porch Front Porch, Stoop

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Drywall,Frame,Wood Siding

New Construction No

Construction Status Actual

Schools

Elementary Schools Woodville

Middle Schools Martin Luther King Jr.

High Schools Armstrong

Others

Tax ID E000-0768-025

Ownership Corporate

Special Listing Condition Corporate Listing

Central Virginia Regional MLS (CVR MLS)
Listed by Exit First Realty

Nearby Locations

David Bencomo
David Bencomo

+1(804) 404-3266 | david@bencomorealty.net

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1411 Mechanicsville TPKE