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Handyman Special- Cheap Rehab @ 61% LTV & 50% LTV Richmond VA

Price: US $59,900.00
Ad ID: 62533864
  Visits: 208
Street address: 10307 W. Broad Street, #335, Richmond, VA View map
Location: Richmond
Date Listed: Sep-10-08

Awesome Opportunity to Buy Rehab at a Steal of a Price!
2512 5th Ave
Richmond, VA 23222

Only $59,900!

61% LTV!!! 50% of Tax Assessment!!!

Repairs: approx. $12,500 to Rent or $27,000 to Retail

ARV: $142,500, or Should Rent For $800 per month

2008 Tax Assessment $112,000


This 3-bedroom, 1-bath home is situated on a block with other rehabs. The house is 1396 Sq Ft and has lots of space including a nice den and dining room. It features hardwood floors, washer/dryer hookups, aluminum siding, aluminum soffits and wrapped window frames, replacement windows, a full front porch, and a chain linked fence. To rent the repairs include plaster repair, replace kitchen flooring and sub-flooring, and flooring in one bedroom, patch roof, interior paint and other cosmetics. To retail it would need these repairs as well as updating, refinish hardwood floors, exterior paint, other miscellaneous repairs, and HVAC. This is a great deal whether you rent or retail.


Don’t miss this cash flow and rehab opportunity!


Contact Greg at (804) 565-9723 or email him at info@EagleHouseDeals.com


To Find out about more Great Deals like this one

visit www.EagleHouseDeals.com for more pictures and details!





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