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2709 Wellington St, RICHMOND, VA 23222

Property Status: Available (Wholesale) | For Sale: $78,900.00


3 Bedrooms / 1 Baths / Single Family

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QUICK FIX AND FLIP!! PERFECT BUY AND HOLD!! JUST THE RIGHT ONE FOR YOU! 3 beds / 1 bth and a garage.


Buy And Hold Bargain! Not much needed here to get rent ready and would also be a nice quick fix and flip.....perfect rental investment that will bring in $850-950 per month in rent. This was originally a 2 bedroom that had a 3rd room addition on to the back of the house. The best part is I don't believe the square footage was ever added on the city site so it should have at least another 100 sqft. The laundry room was also a screened in porch at one time so that is potentially another added space to the square footage of the home, but don't forget the 320 sqft garage! It has nice hardwood floors that were recently re-finished and needs a kitchen update, HVAC, a couple window panes(replace all for resale), and minor cosmetics(paint, drywall in garage, clean up etc.). I already have a bid on the HVAC install for $3,500 and to get the exterior pressure washed and painted with supplies included it would be $2,300. Estimated renovations are 10-20k(10-15k tops for rental and 15-20k for resale) with an ARV of 130k. Not many pics but there is a lockbox on the rear door.

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