1602 Savannah Ave Richmond, VA 23222

This lovely home, which is ideal for anyone eager to downsize or purchase an investment property, has a lot of potential. The home is priced about $65,000 LESS than similar sized homes that are under contract in the area! The living room boasts wood floors, a ceiling fan, and plenty of natural lighting from the two adjacent windows. The living room flows gracefully into the kitchen, which is cozy and inviting, and hallway, creating an open feel. The kitchen offers ample space for bistro style seating and has direct access to the rear yard. Adding some fresh paint to the home, with a few accent walls, and refinishing the wood floors will really help to showcase some of this home’s charm and appeal. If you’re interested in making your own upgrades to the home, such as updating the kitchen and bathroom and, perhaps, transforming the backyard into your own private oasis, then you may want to consider using the FHA 203k renovation loan. Or, you can also simply use the FHA loan with a repair escrow, to make some of the minimal improvements needed to the home. HUD homes are sold as-is with no guarantee or warranty by the Seller or Listing Broker.