• 718 E Gladstone Avenue RICHMOND, VA 23222

  • $162,500
  • 2
    Bed(s)
  • 1
    Baths
  • 1,100
    Sq Ft

Property Description (4,000 character max) Exceptional investment opportunity! This two-bedroom, one-bathroom home, and potential to add another bathroom! Located in the highly sought after Northside of Richmond. Property is priced to SELL , for the next owner to add their personal touches. Roof in good condition. HVAC is newer. Heat Pump is newer. Water Heater is newer. Electrical is updated from Knob and tube. Hardwood Floors were refinished a few years ago. Please seek photos to see all the major upgrades done. Property will sell with current lease. There is a lease until Jan 2025. Amazing opportunity to own a great rental and then possibly fix and flip it if thats what you desire. Tenant pays all utilities. Total rent income gross - $8,400 or $700 per month. Property is very well maintained! Tenant might move out sooner as the seller is fixing up a home for her. Don't miss out on this incredible opportunity to own a home with major improvements done already with quick cash flow and equity! AS-IS sale.

Property Type :

Residential

County :

RICHMOND CITY

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Master Bedroom Level: 0

Total Bedroom (Upper): 2

Bedroom Upper Level 1: 2

Bathroom Information

Total Baths: 1

Full Baths: 1

Half Baths: 0

Laundry Source

Laundry Type : None

Water/Sewer

Water Source : Public

Interior Features

Attic,Combination Kitchen/Dining,Entry Level Bedroom,Formal/Separate Dining Room,Kitchen - Eat-In

Roof : Shingle

Exterior Property Features : Sidewalks,Street Lights

Roofing Information

Shingle

Equipment Information

None

Heating & Cooling

Cooling: Central A/C

Heating: Forced Air

Cooling Fuel: Electric,Natural Gas

Heating Fuel: Electric

Building Information

Exterior Features: Sidewalks,Street Lights

Year Built: 1924

Structure: Detached

New Construction: No

Built: 1924

Construction Material: Asbestos,Concrete,Stick Built,Vinyl Siding

Security System: Main Entrance Lock

Roof: Shingle

Foundation/Basement: Block,Crawl Space

Architecture: Colonial

Pool/Private: No Pool

Roof Type: Shingle

Exterior Features

Utilities: Electric Available,Sewer Available,Water Available

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Dimensions: 25.00 x 120.00

Architectural Style: Colonial

Stories Total: 2

Property Information

SQ ft: 1,100

SQ ft (Living Area): 1,100

View: Street

Subdivision: RICHMOND

Financing: Cash

Appx. Lot Dimensions: 25.00 x 120.00

New Construction: No

Type: Colonial

Listing Information

Possession: 181-365 Days,Subject to Existing Lease

Days Of Market: 31

Lease Information

Lease Considered: Yes

Tax Information

Annual Tax: $1,260

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

181-365 Days,Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $105,000

Parking Information

Parking Type: Alley,On Street

Parking Features: Dirt Driveway

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash

Road Surface: Paved

Roof: Shingle

Homeowners Association Information

Direction: 64 highway towards Richmond Airport then take the exit towards Mechaniscville Tpke, Take a sharp left on Magnolia St head straight for a mile and then take a right on Rady St. Then head straight to Dill ave and then the roundabout towards meadowbridge rd. You will then arrive to your destination on the left under a mile

School Information

Middle OR Junior School: THOMAS H. HENDERSON

High School: JOHN MARSHALL

School District: RICHMOND CITY PUBLIC SCHOOLS

Utility Information

Electric Available,Sewer Available,Water Available

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric,Natural Gas

Heating Fuel: Electric

Hot Water: Electric

Location Information

Location Type: Urban

Direction: 64 highway towards Richmond Airport then take the exit towards Mechaniscville Tpke, Take a sharp left on Magnolia St head straight for a mile and then take a right on Rady St. Then head straight to Dill ave and then the roundabout towards meadowbridge rd. You will then arrive to your destination on the left under a mile

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3122 Woodrow Avenue , Richmond, VA,23222 $660,000 4 4.5 2,860 6750 Sqft
3232 Cliff Avenue , Richmond, VA,23222 $230,000 3 1 1,282 3531 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/27/2024 @ 05:38

MLS: VARC2000460
LISTED BY: Derek J. Greene , The Greene Realty Group
SOURCE: BRIGHT MLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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