$145,200
$145,200
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722 Ratcliffe AVE Richmond, VA 23222
2 Beds
1 Bath
792 SqFt
Key Details
Sold Price $145,200
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 792 sqft
Price per Sqft $183
Subdivision Highland Park Annex
MLS Listing ID 2417157
Sold Date 08/08/24
Style Bungalow,Cottage
Bedrooms 2
Full Baths 1
Construction Status Actual
HOA Y/N No
Year Built 1952
Annual Tax Amount $676
Tax Year 2023
Lot Size 7,374 Sqft
Acres 0.1693
Property Description
Estate property subject to Online Auction. List price is the updated online bid amount and may not reflect the final sales price. Seller reserves the right to reject any offers. Seller is not accepting presale offers. ONLINE ESTATE AUCTION - 2 Bedroom, 1 Bath, 792 SF - Zoned R-4 - Public Sewer, Public Water - .169 AC Level Lot. Exciting Opportunity Near Richmond Raceway Complex!
This compact home offers tremendous potential in a rapidly developing area. Situated close to the Richmond Raceway Complex, this property is surrounded by recent new construction and slated for future expansion.
Property Details:
• 2 bedrooms
• 1 bathroom
• Hardwood floors throughout
• Hot water radiant heat
• Public water and sewer
Room Dimensions:
• Primary Bedroom: 11' x 12'
• Bedroom 2: 8' x 11'
• Living Room: 15' x 11'
• Dining Room: 11' x 8'
This versatile property presents multiple opportunities for savvy investors:
1. Fix and Flip: With some upgrades, this home could yield an excellent return in this up-and-coming neighborhood.
2. Rental Property: Its proximity to the Raceway Complex makes it an attractive option for long-term tenants or short-term racing enthusiasts.
3. New Construction: The lot's location in an area of recent development makes it prime for a complete rebuild, allowing you to maximize the property's potential.
Don't miss this chance to invest in a rapidly growing area. Whether you're looking to renovate, rent, or rebuild, this property offers the flexibility to match your investment strategy. Act now to secure your piece of this thriving neighborhood!
(Note: Interested parties should conduct their own due diligence regarding zoning regulations, property conditions, and local market trends.)
Location
State VA
County Henrico
Community Highland Park Annex
Area 32 - Henrico
Direction E. Laburnum Ave. to Florida Ave, right on Ratcliffe Ave.
Interior
Heating Hot Water, Oil, Radiant
Cooling None
Flooring Wood
Fireplace No
Appliance Water Heater
Exterior
Pool None
Waterfront No
Roof Type Composition
Parking Type Shared Driveway
Garage No
Building
Lot Description Buildable
Story 1
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Cottage
Level or Stories One
Structure Type Block,Frame
New Construction No
Construction Status Actual
Schools
Elementary Schools Glen Lea
Middle Schools Douglas Wilder
High Schools Henrico
Others
Tax ID 796-738-3421
Ownership Estate
Financing Cash
Special Listing Condition Estate
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Bought with Real Broker LLC