1501 Carlisle Ave

Situated on a corner lot in Richmond's rapidly revitalizing Fulton Hill, this early 1900s rowhouse presents a strong value-add opportunity in a neighborhood seeing continued growth and reinvestment. The property offers a two-level, 3-bedroom, 2-bath layout with an open, turn-of-the-century floorplan that allows for multiple renovation strategies.

Major exterior and mechanical improvements were completed in 2025, including new vinyl siding, a new roof, some updated plumbing, and a new outdoor HVAC unit, significantly reducing upfront capital expenses. Original wood floors and decorative fireplaces remain, offering character elements that can be incorporated into a renovation plan.

With its corner lot positioning, flexible footprint, and proximity to downtown Richmond, this property is well-suited for investors or buyers seeking a project with substantial upside in an emerging market.