2827 Montecrest Avenue, Richmond, VA 23234

$130,000
3
BD
1
BA
1,008
SqFt

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List Price
$130,000
Days on Market
0
MLS#
CVR-2628566
Status
ACTIVE
Type
Single Family Residential
Style
Ranch
Year Built
1986
Bedrooms
3
Full-baths
1
County
Richmond City
Region
50 - Richmond
Neighborhood
Scottdale
Subdivision
Scottdale

Property Description

**Investor Special – Diamond in the Rough with Profit Potential!** Opportunity knocks in South Richmond! This 3-bedroom, 1-full-bath rancher offers investors, renovators, and savvy buyers an excellent opportunity to build equity and potentially realize a solid return through renovation and improvements. Situated on a block featuring mostly renovated and updated homes, this property offers the chance to bring new life to a home in an established neighborhood where surrounding improvements help showcase the area's potential. With the right vision, renovation plan, and sweat equity, this diamond in the rough could be an excellent addition to your investment portfolio or is perfect for savvy buyers of all types. The home was inherited and is being sold **AS-IS, WHERE-IS**, presenting an opportunity for buyers prepared to take on a renovation project. The exceptionally attractive price reflects the property's potential and creates an opportunity for those with the time, resources, and know-how to transform a property and pursue a profitable resale, a long-term investment or a wonderful new renovated personal home. Well-priced renovation opportunities like this can be hard to find. If you've been searching for your next fix-and-flip, investment property, or sweat-equity project, this South Richmond rancher deserves a closer look. Bring your contractor, run your numbers, and envision the possibilities! **Priced to attract attention and offering plenty of potential, this property is expected to generate significant interest.** Don't wait—contact your buyer's agent and schedule your showing as soon as possible. Opportunities like this may not last long!

Additional Information

Acres
0.19
Living Area
1,008
Exterior Features
Unpaved Driveway
Elementary School
Broadrock
Middle School
Boushall
High School
Richmond High School for the Arts
Appliances
Electric Water Heater
Cooling
Central Air, Heat Pump
Heating
Electric, Heat Pump
Basement
Crawl Space
Taxes
$2,124

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Calculator source: Real Geeks

Listing courtesy of Neumann & Dunn Real Estate.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .