<strong><u>Church Hill Duplex with $60,000 Profit Potential</u></strong><br /><strong><u>(65% LTV)!!!</u></strong> <strong> </strong><strong>2902 E. Leigh Street<br /></strong><strong>Richmond, VA 23223</strong><strong> <br /></strong> <strong><i>ONLY </i></strong><strong>$39,900!</strong> <strong> After Repaired Value approx. $185,000</strong><!-- endif --> <strong>This 2 story up and down duplex shell is located in Churchill. It is only 3 blocks off Broad Street in an area with new homes being built and rehabbing going on in all directions. It is zoned R-53 which means you can make it a duplex again or you can convert it into single family. The house needs to be gutted and needs a total renovation. Last year this would have easily sold in the $235,000 to $250,000 range in renovated condition. At this price, you can work on it as you wait for the market to turn.</strong> <strong>This house needs approx. $80,000+ to renovate depending on if you make it a duplex or single family. You can start clean and configure it how you think will make you the most profit. </strong> <strong> <i>Priced $100,000 under assessment! Loan to value should be in the 65% range. You stand to make a profit of $60,000+!</i></strong> <strong> 2 story duplex, 1,452 sf</strong><strong> Zoned R-53 multifamily</strong><strong> 2007 assessment is $140,200</strong> <br /><strong> Call Greg at (804) 565-9723 or<br /> Email him at Info@EagleHouseDeals.com</strong>
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