Soul and charm in Ginter Park! Here's your opportunity to own a Richmond classic! This home features 4 bedrooms, 1 1/2 baths, wood floors, kitchen island, built-in cupboard, brick fireplace, partial basement, covered front porch, rear deck, 2 detached and 1 attached shed, and a large lot. One of the first things you'll notice upon entering the home is that there is beautiful light in all the rooms. The rooms are open and airy. This house has "soul". There is ample room for entertaining and it is not so large that it becomes a burden to maintain. The dining room and living room are so cozy and inviting. Perfect for dinner parties with friends and colleagues. The floor plan is simple yet elegant with a lovely foyer on entrance. There is plenty of room for creative living. Not only does this house have immense charm, it is located in one of the best neighborhoods of Richmond. Nestled on the edge of Historic Laburnum Park, this home may be eligible for State Tax Credits and City of Richmond Tax Abatement if you decide you would like to make some upgrades. The lot is spacious enough for your four-legged friends to be safe and comfortable. Centrally located in the Northside, you are ten minutes to downtown and five minutes to I-95 or I-64.
Located in Historic Laburnum Park, this lovely home is eligible for both State Tax Credits as well as Tax Abatement from the City of Richmond for upgrades. Do you love watching HGTV and Fixer Upper? This house can give you money back for your efforts!
Because this house is in a historic district, you can potentially get up to 25% of the money you spend on updates back in State Tax Credits, which can be applied to your state income tax over the next ten years or until the credit is gone (whichever comes first). You can see more information about it at DHR's website.
It is also eligible for tax abatement on property taxes from the City of Richmond. They assess the value of the home before you start the renovations and then come back and assess the value after the renovations are complete. The abatement will last 7 years at 100% and will decrease 25% for the next 3 years for a total of 10 years in savings. This can transfer to another owner if you decide to sell your home before the abatement has been used. You can view the flyer here.
These make updating this home with your sense of style even more affordable!