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$235,000

Beds
3
Baths
1.5
sq ft
1,152

4220 Terminal Ave, Richmond, VA 23224

4220 Terminal Ave

Richmond, VA 23224

  • 49 days on market
Calling all investors. This property is part of a 8 home portfolio of houses in and around Richmond that are either newly built or recently renovated. Seller will sell them individually. This one rents for $1,800 per month. Total package price is $1,945,000. All properties are occupied, with gross monthly rent of $13,680. Properties include: 14 W 24th Street, 16 W 24th Street, 2314 Warwick Avenue, 2616 Lochaven Blvd, 2610 Lochaven Blvd, 4220 Terminal Avenue, 4707 Castlewood, 2716 Cogbill Road. Homes all have newer roofs, heat pumps, kitchens, and baths.

Details

Property type

Single Family Residence

Est. home value

$271,888

Lot size

Unknown

Price per sq ft

$204

Year built

1973

Annual property taxes

$268,000

Price History

05/17/2024
CentralVirginia

CentralVirginia #2412535

Listed
$235,000

Schools & Community

Neighborhood: 

Hickory Hill

Elementary school: 

Broadrock

Middle school: 

Boushall

High school: 

Richmond High School for the Arts

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

3Rd Party Individual

Loan start date

June 2020

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

3.26%

Loan type

Purchase Money Mortgage

Seller

General Renovations Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/05/2024 at 9:00 PM

Listing updated: 05/18/2024 at 7:06 AM

Listed by: Jared Davis, EXP Realty LLC Phone #: (804) 729-5188

MLS: CentralVirginia #2412535

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