Development Opportunity in Historic South Barton Heights!
Rarely does an opportunity like this come along in one of Richmond’s most rapidly evolving neighborhoods. Situated in the heart of South Barton Heights, this offering includes the existing home at 1901 Monteiro Avenue plus two additional parcels—1905 Monteiro Avenue and the adjoining vacant lot identified as Parcel 1A—creating a unique chance for homeowners, investors, and developers alike.
The existing residence provides immediate value while the accompanying vacant lots unlock exciting possibilities for the future. Whether your vision includes expanding your footprint, creating a private compound, constructing additional homes (subject to zoning and city approvals), or holding land in a neighborhood experiencing continued appreciation and redevelopment, the flexibility offered by these three parcels is increasingly difficult to find within the city.
South Barton Heights has become one of Richmond’s most sought-after emerging communities, where historic character meets modern revitalization. Throughout the neighborhood, buyers will find beautifully restored historic homes, thoughtfully renovated properties, and ongoing new construction that continues to enhance the area’s appeal. Convenient access to downtown Richmond, VCU, local restaurants, breweries, parks, and major commuter routes has fueled strong demand and significant investment throughout the surrounding area.
With substantial land holdings, development potential, and a prime location in a neighborhood experiencing continued transformation, 1901 Monteiro Avenue, together with 1905 Monteiro Avenue and Parcel 1A, represents a rare chance to secure both a home and future opportunity in one of Richmond’s most exciting growth corridors.
71 days
|
11
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Craige Sprouse804-317-9836,
Hometown Realty804-752-7585,
Jacob Kroko540-623-8551,
Hometown Realty
Source: CVRMLS,MLS#: 2613752Originating MLS: Central Virginia Regional MLS
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.