$38,000
3 beds 1 baths 1,421 sq. ft.
37.55051 -77.35168

5501 Nine Mile Rd Richmond, VA 23223

$38,000
Est. Monthly $224 with $365 in taxes recalculate
3 beds 1 baths 1,421 sf
 

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CENTURY 21 Option 1 Realty
8600 Quioccasin Road
Richmond, VA 23229
804.­270.1600
804.­270.1600
CENTURY 21 Option 1 Realty
8600 Quioccasin Road Richmond, VA 23229
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5501 Nine Mile Rd
Richmond, VA 23223

Explore This Property

Single Family Detached - AT LAST A AFFORDABLE PROPERTY TO START YOUR REAL ESTATE INVESTMENT PORTFOLIO. Investing in an undervalued or fixer upper usually means that it can be cash flowed with a nice annual yield if the right tenants are in place. Prices are already on the rise so why not buy and hold on to a cash flowing property. Property is in need of rehab or so plan to renovate and make this property rental ready for cash flow! This house is not currently safe for use or occupancy. Home is sold as is, where is. Concerned about location? Investing in different types of properties and locations reduce risk in the face of market fluctuations. This is a large lot and close to shopping and interstate. So ACT NOW on this investment opportunity
MLS # 1729141
Courtesy Of Napier Realtors ERA

Property Features

  • Lot Size: 0.41 Acres
  • Style: Other Style

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $224Your estimated monthly payment
    $7,60020% Down Payment
    $38,000 $34,200 $365
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    HIGHLAND SPRINGS ELEMENTARY SCHOOL
    Grades PRESCHOOL-5 | Public School

    HENRICO, VA 23075
    600 PLEASANT ST
    804-328-4045
    0.8
    miles

    Total Students 550
    Student Teacher Ratio 16:1
    View School Details
    Middle School
    FAIRFIELD MIDDLE SCHOOL
    Grades 6-8 | Public School

    RICHMOND, VA 23223
    5121 NINE MILE RD
    804-328-4020
    0.6
    miles

    Total Students 1005
    Student Teacher Ratio 15:1
    View School Details
    High School
    HIGHLAND SPRINGS HIGH SCHOOL
    Grades 9-12 | Public School

    HENRICO, VA 23075
    15 S OAK AVE
    804-328-4000
    1.6
    miles

    Total Students 1575
    Student Teacher Ratio 21:1
    View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Empowerment Academy 0.5 mi Public -
    New Bridge Learning Center 0.5 mi Public PRESCHOOL-PRESCHOOL
    Landmark Christian School 1.2 mi Private PRESCHOOL-12
    Adams Elementary School 1.2 mi Public K-5
    General Academic Development 1.4 mi Public -
    Iseap Program 1.4 mi Public -
    Adult Education Center 1.4 mi Public -
    Arthur Ashe Jr. Elementary School 1.5 mi Public PRESCHOOL-5
    Advanced Career Education Center At Highland Springs 1.8 mi Public 11-12
    Harvie Elementary School 2.0 mi Public PRESCHOOL-5
    Fair Oaks Elementary School 2.1 mi Public PRESCHOOL-5
    Ratcliffe Elementary School 2.4 mi Public PRESCHOOL-5
    Generating Recovery Of Academic Direction 2.6 mi Public -
    Montrose Elementary School 2.6 mi Public PRESCHOOL-5
    Fairfield Court Elementary School 2.7 mi Public K-5
    Woodville Elementary School 2.7 mi Public PRESCHOOL-5
    Armstrong High School 2.8 mi Public 9-12

    Local Area Information for Richmond, VA 23223

    Median Age: 34.9
    Married: 20.0%
    Number of Households: 21,593
    Households with Children: 5,930
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Single Family Detached located at 5501 Nine Mile Rd, Richmond, VA 23223 is currently for sale. 5501 Nine Mile Rd, Richmond is listed for $38,000. This property has 3 bedrooms, 1 full bathrooms, and approximately 1,421 square feet. The property was built in 1937. If the property located at 5501 Nine Mile Rd, Richmond, VA isn't what you're looking for, search Virginia real estate to see other houses for sale in Richmond.