1. Virginia
  2. Midlothian
  3. 10136 Iron Mill Rd Unit#10136
$189,900

10136 Iron Mill Rd Unit#10136, Midlothian, VA 23235

  • 2 beds |
  • 2 baths |
  • 965 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $197/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Turnkey Investment Opportunity in Prime Bon Air Location! Investors, take note — this is the best value on the market under $200K in desirable Bon Air, delivering immediate cash flow and long-term upside. Currently leased at $2,000/month, this condo generates $1,400+ in monthly net cash flow, offering a strong return from day one. Professionally managed by a proactive self-managed HOA, recent capital improvements include a new roof, flashing, electrical box, and windows, ensuring peace of mind and lower maintenance costs for years to come. Inside, the unit has been fully updated with a new water heater, new stove, new dishwasher, new carpet, new tile, and a newer refrigerator, washer, and dryer — all within a freshly painted interior. No deferred maintenance, no renovation needed — just collect rent and watch your investment grow. Located in a top-rated school district, this property offers enduring appeal for both renters and future resale. Tenants love the included amenities: pool, playground, heat, water, and trash collection — all covered by the HOA. With a great tenant in place under a 12-month lease, this is a true turnkey asset in a high-demand area. Secure a smart investment with immediate returns and long-term growth potential. Act quickly — opportunities like this don’t last!

Listing Status:
Active
Listing Office:
Napier REALTORS ERA : (804) 794-4531
Listing Agent:
Bettina Hinckle : (804) 869-9932
MLS ID:
2522673
  • General: BookcasesBuilt-in FeaturesBedroom on Main LevelCeiling Fan(s)Main Level Primary
  • Appliances: DryerDishwasherElectric Water HeaterGas CookingOvenRefrigeratorStoveWasher
  • Flooring: Partially CarpetedTile
  • A/C: Central Air
  • Heating: ElectricForced AirNatural Gas
  • Fireplace: Wood BurningFireplaceFireplaces: 1

This listing courtesy of Bettina Hinckle, Napier REALTORS ERA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bon Air Elementary School

8701 Polk St, North Chesterfield, VA, 23235

Grades PK-5

0.76 miles away

R

Robious Middle School

2701 Robious Crossing Dr, Midlothian, VA, 23113

Grades 6-8

2.22 miles away

J

James River High School

3700 James River Rd, Midlothian, VA, 23113

Grades 9-12

4.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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