3014 Edgewood Avenue, Richmond, VA 23222

Property Description

Investors, are you looking for a rehab project with a great return? A renovated home in the area just sold in upwards of 800k! Year over year, investors continue to swarm this Northside neighborhood due to its great return on their investment. This classic American Foursquare boasts a total of 3240 square feet which includes the unfinished walkout basement & is ready for the seasoned investor! Located in the sought-after Holton, Henderson, & Marshall school district with parks, walking trails, tennis courts, & playgrounds! A solid home with great bones & historic architecture. As you pull up to this beautiful diamond-in-the-rough perched perfectly on a level & cleared lot, you are greeted by a stucco facade & charming full country front porch with brick pillar accents. As you enter through the front door surrounded by the appealing original side light accents, you are greeted by a sizeable great room to your left with all of the original trim & a beautiful brick fireplace & heart pine floors. Refinish the alluring hardwood floors & bring them back to their original grandeur. A lovely formal dining room with picture windows. The first floor has plenty of room to expand the kitchen. 2 first-floor bedrooms which can be made into a first-floor suite & 4 bedrooms upstairs with a bonus room perfect to convert to a primary suite upstairs as well. The basement can be finished to optimize your return on your investment & add value. Home buyers are willing to pay a premium for a garage. This home has a detached garage that if rehabbed, buyers are sure to love! A similar Foursquare in the area with a finished basement, sold recently for $827,600.00. Not interested in finishing the basement? No worries. With quality work, the value without finishing the basement could still be between $600k & $700k or more. Investors, this is your opportunity to get into this hot Northside neighborhood! Showings through this Friday only! Bring your flashlight & your contractor, view this gem, & submit your offer before it is gone!