Welcome to 5927 Swanson Road, a fantastic investment and redevelopment opportunity! This 3-bedroom, 2-bath ranch-style home sits on an oversized double lot, offering the potential to subdivide and build an additional home (buyer to verify with local authorities). Whether you're looking to expand your investment portfolio, explore future development opportunities, or secure a property with long-term upside, this one delivers. The home is currently tenant-occupied on a month-to-month lease, providing immediate rental income while offering the flexibility for future owner occupancy. Conveniently located with easy access to shopping, dining, major roadways, and downtown Richmond, this property offers the perfect blend of current cash flow and future potential. Opportunities like this are raredon't miss your chance to own a property with income-producing potential today and exciting possibilities for tomorrow.
Warwick, located between Jefferson Davis Highway and the James River, is a residential and industrial Richmond neighborhood with rail-side warehouses and modest mid-century blocks. The neighborhood’s character concentrates around the Jefferson Davis Highway corridor near Bells Road, where truck traffic, corner markets, and long-view industrial yards set the tempo. Stone Brewing’s Richmond taproom anchors the riverfront edge with a destination-scale patio scene. The Richmond Railroad Museum adds a rail-history counterpoint to the working landscape. Streets read practical and low-slung, with wide rights-of-way and big-sky sightlines toward the river.
Provided by Walk Score and Local Logic
Market insights
5927 Swanson Rd · $245,000
DAYS ON MARKET
40 days
The average home goes pending in 18 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
LIST PRICE
$245,000
Median sale price in this area is $400,686. (64% higher than this home)
PRICE DROP
1 price drop
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Unfinished basement
Carpet flooring
Linoleum flooring
Bedrooms
Includes a full bathroom on the first level
Bathrooms
2 full bathrooms
One full bath includes tub and shower
Flooring
Carpet
Linoleum
Heating & cooling
Forced air heating (oil)
Window air conditioning units
Exterior features
Unpaved driveway
Split rail fencing
Home design
Single-story home
Frame construction with vinyl siding
Composition roof
Approximately built
Parking
Driveway parking
Off-street parking (unpaved)
Construction
Frame construction
Vinyl siding
Composition roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home