Property Description

INVESTOR ALERT - Northside Richmond opportunity in the heart of one of the city's most active renovation corridors! This circa-1929 home on a classic tree-lined block of W Lancaster Rd needs a complete gut renovation and is priced accordingly at $325,000. Bring your contractor and your vision: similar homes on this very street have been transformed into stunning showpieces. Renovated comps in the area suggest strong after-repair potential (buyer to perform their own analysis - no representation is made as to future value). The location speaks for itself: minutes from the booming Brookland Park Boulevard corridor with neighborhood favorites like The Smoky Mug, Ruby Scoops ice cream, Morty's Market & Deli, Julio's Bagels, Fuzzy Cactus, and ILYSM Books, plus a quick commute to downtown Richmond, VCU, and Scott's Addition. The surrounding Northside streetcar-suburb historic districts are listed on the National Register, and the property MAY qualify for Virginia historic rehabilitation tax credits - buyer to verify eligibility with VA DHR. Property and outbuildings are sold strictly AS IS, WHERE IS; seller will make no repairs. Buyers are encouraged to perform any and all inspections and due diligence PRIOR to submitting an offer. SHOWINGS: Sat & Sun 1-3 PM; Tue, Wed & Thu 3-6 PM. ALL OFFERS will be reviewed Friday, June 19 at 12:00 PM. Don't miss your chance to add the next success story to this block!

Property Features

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