201 N GREENWAY AVE Under Contract Save Request In-Person Tour Request Virtual Tour
Boyce,VA 22620
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,842 sqft
Price per Sqft $135
Subdivision Obrien
MLS Listing ID VACL2005958
Style Cape Cod
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,152
Year Built 1951
Annual Tax Amount $1,689
Tax Year 2022
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Detached
Source BRIGHT
Property Description
This Cape Cod-style residential property, built in 1951, presents a compelling investment opportunity for those looking to capitalize on a major rehab project. Situated on a generous 0.31-acre corner lot, the property offers ample space for potential expansion or landscaping enhancements, which can significantly increase its market value. The structure is a detached home featuring three bedrooms and one full bathroom, making it suitable for various rental strategies or resale options. The existing hardwood flooring and a charming brick fireplace add character, while the daylight full basement provides additional square footage that can be transformed into living space, a rental unit (with direct outside access), or storage, further enhancing the property's income potential. Investors will appreciate the opportunity to modernize the home, as it requires major rehabilitation. The roof was replaced within last 2 years and updates/repairs made as needed. This allows for customization to meet current market demands, potentially increasing rental income or resale value. The property includes on-site and driveway parking, which is a valuable feature in residential markets, ensuring convenience for future tenants or buyers. The corner lot location not only provides visibility but also offers potential for additional landscaping or outdoor amenities, which can enhance curb appeal and attract higher offers. With no homeowners association fees or restrictive covenants, investors have the freedom to implement their vision without additional costs or limitations. The property's location, combined with its potential for significant improvements, positions it as a strong candidate for both short-term and long-term investment strategies. In summary, this property offers a unique opportunity for investors to acquire a Cape Cod home with substantial potential for appreciation through renovation and strategic enhancements. The combination of a desirable lot size, existing structural features, and the ability to create additional living space makes this an attractive investment in today's real estate market.
Location
State VA
County Clarke
Rooms
Other Rooms Bedroom 2,Bedroom 3,Bedroom 1,Bathroom 1
Basement Daylight, Full,Outside Entrance,Partially Finished,Side Entrance,Walkout Level
Interior
Hot Water None
Heating None
Cooling None
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Insert,Brick,Wood
Fireplace Y
Heat Source Oil
Laundry Basement
Exterior
View Y/N N
Water Access N
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility None
Road Frontage State
Garage N
Private Pool N
Building
Lot Description Corner
Story 1.5
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories 1.5
Additional Building Above Grade,Below Grade
New Construction N
Schools
Elementary Schools Boyce
Middle Schools Call School Board
High Schools Clarke County
School District Clarke County Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 21A2-A--20
Ownership Fee Simple
SqFt Source Estimated
Horse Property N
Special Listing Condition Standard
Pets Allowed Cats OK,Dogs OK