1001 Terrace Ave, Hopewell, VA 23860

$97,000 Asking Price

2 beds
2 baths
1,064  sqft
Built in 1953

Fantastic opportunity to own in the City of Hopewell with this 2 bedroom/2 full bath rancher-style home. Property is primed for the next owner to make it their own. Property is zoned B-4 and appears to be used as a residence for its' prior use (buyer to verify). Inside offers a kitchen, living room, dining room/office area, 2 bedrooms with the primary bedroom having its' own bathroom. Outside offers a covered porch area. Priced over $23k less than it's 2023 assessment - this property is a bargain. Schedule your showing today before this one is SOLD!


Features & Amenities

Interior

Appliances:
Water Heater
Basement:
Crawl Space
Flooring:
Partially Carpeted,Vinyl
A/C:
false, None
Heating:
true, Forced Air,Other

Exterior

General:
Unpaved Driveway
Style:
Ranch
Pool:
None
Parking:
Driveway,No Garage,Off Street,Unpaved

Construction

Roofing:
Composition,Shingle
General:
Other,Vinyl Siding, 1

Location

Originating MLS:
CVR
County:
Hopewell

Lot

Zoning:
LOTS 3-4 & REM PT OF 1-2 BLK 5 SUBDIVISION: HOPEWELL TERRACE, 047-0065
Fencing:
Fenced,Partial,Privacy

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CVR
Ownership:
REO

This listing courtesy of:
804 Real Estate, LLC, Kevin Randesi

About Hopewell, VA

Housing

Number of Units
12,327
Median Home Value
$157,113
Median Rent
$748

48.96% of housing units are renter occupied.

8.96% are vacant.

Commute

Car
86.89%
Public Transportation
0.85%
Walk to Work
1.03%
Work from Home
10.28%
Other
0.24%

The median travel time to work is 24 minutes.

People

Population
33,404
Median Age
37.10
Median Household Size
2.73

Education

High School
37.47%
Associate’s Degree
8.92%
Bachelor’s Degree
12.48%
Graduate Degree
4.56%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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