2705 5th Avenue Richmond, VA $ 299,000
2705 5th Avenue
$ 299,000

2705 5th Avenue Richmond, VA, 23222

$ 299,000
Bedrooms Baths0.0

Monthly Estimate*

$ 1,195

How much can I afford?
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Lots and Land for sale in Richmond, VA

for $299,000. The lot size is 1.24 Acre(s).

MULTIFAMILY DEVELOPMENT OPPORTUNITY IN SOUTH HIGHLAND PARK Located in South Highland Park , 2705 5th Avenue is the site of the historic Crawley's Nursing home constructed in 1953. The existing building features 17, 446 square feet of total floor area located on a 1.24 acre parcel. As part of the Chestnut Hill-Plateau Historic District , this building offers an incredible opportunity for renovation as a multifamily development using historic rehabilitation tax credits. Alternatively, preliminary architectural plans have been completed for the property showing a new multifamily development with 30 units. Within short walking distance of the East Brookland Park Boulevard commercial district, potential residents will enjoy easy accessibility to the nearby shops, restaurants, and amenities of the area. Also just minutes from Mechanicsville Turnpike, I-64, and Downtown Richmond, this South Highland Park location is an ideal site for a high occupancy multifamily development.

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Lots and Land Active

Price

$ 299,000

Property Type

Lots and Land

Taxes

$ 6,420

Lot Size

1.24 Acre(s)

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

1903694

Features
Interior
Sewer Public Sewer
Water Source Public Water
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Exterior
Parking 1-20 Covered Parking Spaces
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Miscellaneous
Utilities Electric
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* Excluded Features
List By
Justin Sledd

Listing Agent

One South Realty Group, Llc

Broker


Affordability

$ 1,730 per month
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Monthly Principal & Interest
$1,195
Monthly Property Taxes
$535
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
Overby-Sheppard Elementary School
Martin Luther King Jr. Middle School
Armstrong High School

Map


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2705 5th Avenue, Richmond, VA, 23222 is a Lots and Land for sale at $299,000 with a lot size of 1.24 Acre(s). 2705 5th Avenue has 0.0 baths. The property's zip code is 23222 which is in Richmond, VA