$135,000

Investors, bring your vision to 2002 Wakefield Avenue in Colonial Heights, a compact 2-bedroom, 1-bath renovation opportunity with a manageable 696-square-foot footprint. Whether the goal is a resale renovation, long-term rental, or addition to an investment portfolio, this home offers a practical scale for buyers who know how to maximize every square foot. From the street, the single-level design provides a straightforward canvas with vinyl siding, replacement windows, and a covered entry. Inside, natural light reaches the living areas and bedrooms, while the existing wood-look flooring provides a starting point for the renovation plan. The efficiently arranged kitchen allows an investor to focus improvements on cabinetry, counters, appliances, lighting, and finishes. The full bathroom offers another clear value-add opportunity through updated fixtures, surfaces, lighting, and storage. A coordinated renovation of the kitchen, bathroom, paint, flooring, and interior details could transform this property into a polished home without the material demands of a larger project. For a flip, it offers the chance to create an appealing option for buyers seeking affordability and single-level living. For a rental strategy, the two-bedroom configuration provides flexibility for a guest room, roommate, or dedicated home office. The home needs renovation and should be evaluated carefully, but its vinyl exterior, replacement windows, efficient floor plan, and existing kitchen and bath provide useful ingredients for a well-planned transformation. Buyers should complete their own inspections, repair estimates, rental analysis, resale analysis, and due diligence. If you have been searching for a Colonial Heights investment property with a clear value-add story, 2002 Wakefield Avenue deserves a closer look. Bring your contractor, renovation budget, and design plan—and decide whether your best path is to renovate, resell, or hold for income.