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Investment @property Directory

Reduced Again! Unique Rehab Project

Rehab Property

Listing Expired almost 3 years ago

List Price:

$135,000

XXXX Brooke Rd.
Stafford, Virginia 22554 Get Map


Posted January 23, 2009



Description:

Former general store/residential combo. Top floor was general store and has 2 rooms. Lower level is a residential area with 2 bedrooms, kitchen and 1 bathroom. This can remain as a store/residential combo or be converted to a full 2 level house or a 2 unit rental (one unit on each level). Walking distance to VRE (Virginia Railway Express) and a general store.

The property is close to I-95 within 15 miles of major shopping centers. Rehab is estimated at $30-40K. After repair values is $250-260K. I’ll assign the contract for $5,000.