$299,000 2705 5th Avenue Richmond, VA

MLS: 1903694   Type: Land   County: Richmond City   City: Richmond   Area: 30 - Richmond   Neighborhood: South Highland Park   Zip: 23222     Taxes: $6,420

Mortgage $1,404 /mo



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MULTIFAMILY DEVELOPMENT OPPORTUNITY IN SOUTH HIGHLAND PARK Located in South Highland Park , 2705 5th Avenue is the site of the historic Crawley's Nursing home constructed in 1953. The existing building features 17,446 square feet of total floor area located on a 1.24 acre parcel. As part of the Chestnut Hill-Plateau Historic District , this building offers an incredible opportunity for renovation as a multifamily development using historic rehabilitation tax credits. Alternatively, preliminary architectural plans have been completed for the property showing a new multifamily development with 30 units. Within short walking distance of the East Brookland Park Boulevard commercial district, potential residents will enjoy easy accessibility to the nearby shops, restaurants, and amenities of the area. Also just minutes from Mechanicsville Turnpike, I-64, and Downtown Richmond, this South Highland Park location is an ideal site for a high occupancy multifamily development.

Elementary School

Middle School

High School

Distance: 0.41 Miles
Martin Luther King Jr.
Distance: 1.59 Miles
Distance: 1.14 Miles

Price History

2/6/2019 Listed $299,000

Area 30 - Richmond
Association? No
Elementary School Overby-Sheppard
High School Armstrong
Middle School Martin Luther King Jr.
Neighborhood Name South Highland Park
Originating MLS Central Virginia Regional MLS
Property Sub Type Residential Land
Property Type Lots/Land

Interior Features

Electric At Street
Telecommunication Unknown

Exterior Features

Golf Frontage Yn No
Lot A
Natural Gas At Street
Sewer Public Sewer At Street
Water Public Water At Street
Waterfront No

Property Schools

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Gallery (13 photos)

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Property vs Zip Code Avg (23222)

Price 299K Avg 216K

Taxes $6,420 Avg $926

Acres 1.24 Avg 1.68

Visits 2 Avg 10

Days on Site 13 Avg 81

Walkscore® 47 Avg 46

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Listing Provided Courtesy Of: Justin Sledd with One South Realty Group, LLC.

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Location & Address

Magee Group @ Keller Williams
15871 City View Dr, Ste. 120
Midlothian, VA