Eagle House Deals
Greg Butler
10307 W. Broad Street, #335
Glen Allen, VA 23060
804-565-9723
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Crazy Cheap Fixer Upper at 64% LTV!
2731 Newhaven Drive
Richmond, VA 23234
Only $25,900!!!!!!
Approximate Repairs $30,000 or Less to Rent or $45,000 to Retail
Should Rent For $750 per month
After Repaired Value $110,000
Tax Assessment $81,100
This 1308 squrare foot, 3-bedroom and 1-bath home is situated on a very quiet, secluded dead-end street in an industrial area off Jefferson Davis Highway. It sits on a large .3 acre parcel and is currently zoned M-1 Light Industrial while the land use is single family. The home has been vacant for a couple years and needs extensive repairs. These repairs include some sheet rock, framing, HVAC, plumbing, kitchen, bath, paint, and other miscellaneous items.
There are only two houses listed in Richmond's MLS under $30,000! Both of them are about half the square footage and half the lot size as this. Take advantage of this rare opportunity to buy a house this cheap!
Please note that there a not many comps because the area is mostly commercial while this home is fairly secluded.
Contact Greg at (804) 565-9723 or email him at info@EagleHouseDeals.com
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