Richmond, VA 23222,722 Ratcliffe AVE
Richmond, VA 23222,722 Ratcliffe AVE
Richmond, VA 23222,722 Ratcliffe AVE
13
$145,200
$145,200
Est.Price: ?

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2 BD
1 BA
792 SqFt

722 Ratcliffe AVE Richmond, VA 23222

Est. payment /mo
SOLD DATE : 08/08/2024

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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

Roof Type Composition

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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Central Virginia Regional MLS (CVR MLS)
Listed by Dudley Resources
Bought with Real Broker LLC

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