Richmond, VA, 23223 - For Sale By Owner

Additional features: Lot size: 5518.0

1116 & 1118 N. 33rd Street
Richmond, VA 23223

Our Low Price is only $27,500!

for both Lots Combined! (Package Deal)

The combined 2008 Tax Assessment is $51,600!!

The dimensions of each lot are 22.5 Feet x 124 Feet. 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 square foot 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.

Comps:

2021 Phaup Street 32’x137’ Zoned R5 02/11/2008 $15,000
1314 N 29th Street 25’x140’ Zoned R6 05/09/2008 $15,000
1105 N 26th Street 30’x132’ Zoned R6 10/17/2007 $21,000

Contact Greg at (804) 565-9723 or email him at info@EagleHouseDeals.com

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