Under contract-accepting backup offers. Investor opportunity in Williamsburg. CBS construction, 3 bed / 2 bath, 1,642 sqft on a 0.13-acre lot. Built in 1979, fully stripped to the studs and ready for a complete renovation. The bones are solid. Tile roof replaced 11 years ago. AC 11 years old. Electrical panel functional. Plumbing intact. Mold remediation completed and documented. What you're buying is a clean slate with the major systems already addressed — no surprises on the infrastructure side. Interior is fully gutted: drywall, flooring, kitchen, and bathrooms all need full finish-out. Multiple contractor bids obtained — full renovation scope ranges from $60,000 to $80,000 depending on finish level. Post-renovation value supported at $390,000–$410,000 based on comparable sales in the area. HOA is low and covers lawn maintenance — one less variable during the hold period. Selling as-is. Cash or hard money only. No wholesaler assignments without prior written approval. Documented mold remediation available upon request. Listing agent represents seller only and is unable to represent buyers in this transaction.
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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.
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