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201 N Greenway Avenue, Boyce, VA 22620

Beds
3
Bath
1
Sqft
2,304
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRealty ONE Group Old Towne
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Overview

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

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Number of bathrooms
1
Square feet
2,304
Lot size (acres)
0.31
Year built
1951

Interior features

Basement
Yes, Partially finished
Fireplaces
1

Exterior features

Pool
Yes

Utilities

Heating
Fireplace insert, Oil, None
Cooling
None, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2022)
$1,689

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: VACL2005958 Last checked:

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