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Owner Financing on 2 Cheap Side by Side Lots in Richmond Virginia
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Property Description |
The dimensions of each lot is 22.5 Ft x 124 Ft. They are both zoned R-6 which is Single-Family Attached. There are numerous renovations and new construction homes all around these lots. You should be able to sell a 1200 Sq Ft home in today’s market for $130,000. You may build two detached or attached homes. Keep in mind that building attached units will share a common wall and that should cut down on some of your construction costs. Also you should be able to negotiate a better deal with contractors to build two side by side vs. just one home. There are obviously huge savings when you build on two lots side by side. Public water and sewer are both at the street. We have zoning confirmation letters from the City of Richmond stating that each lot is buildable with a 3 foot side yard setback.
We are also selling 1210 Oakwood Avenue for $13,900. It is only a block away from these lots.
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| Contact person: |
Greg |
| Seller Type: |
PrivateOwner |
| Phone: |
804) 565-9723 |
| Email: |
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| Web Link: |
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| Listing Status: |
For Sale |
| Property Type: |
Land and Farm |
| Price($): |
27500 |
| Street Address: |
1116 & 1118 N. 33rd Street |
| City: |
Richmond |
| Region: |
Virginia |
| ZIP/Postal Code: |
23223 |
| Bedrooms: |
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| Bathrooms: |
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| Stories: |
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| Square Feet: |
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| Lot Size: |
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| Year Built: |
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| Owner Finance: |
No |
| Cap Rate: |
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| Net Operating Income: |
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| Price Per Square Foot: |
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