Online auction set for fire-damaged Richmond rehab home

Nicholls Auction Marketing Group will close online bidding July 13 on a fire-damaged 4-bedroom, 1.5-bath home in Richmond’s 23222 ZIP code. The property sits on a quarter-acre corner lot and is being marketed as a rehab opportunity near Brookland Park Boulevard, downtown Richmond and VCU.

Why it matters: - The Richmond property offers a redevelopment opportunity in a neighborhood the seller describes as part of a community revitalization push. - The home could appeal to investors or owner-occupants willing to take on major repairs on a fenced corner lot with utility access and multiple nearby transit routes.

What happened: - Nicholls Auction Marketing Group announced online-only bidding will close Monday, July 13 at noon for a 4-bedroom, 1.5-bath home at 3200 4th Ave. in Richmond, Virginia 23222. - The property is being sold as a total rehab project after fire damage. - The auction is open to the public. - Brokers must pre-register to qualify for compensation.

The details: - The two-story home sits on a 0.25± acre corner lot and measures 1,576± gross square feet. - The layout includes an eat-in kitchen, living room, dining room, attic and unfinished basement. - The property has hardwood flooring, a front porch and two rear porches. - Heating is provided by a gas furnace, and there is no cooling system. - Public water, sewer and gas are available. - A detached storage shed/garage is included, and the lot is fully fenced. - The home was damaged by an electrical fire that started in an upstairs back bedroom wall. - A hole in the roof has been covered with a tarp. - The back porch on both the first and second levels is unstable and should not be entered from inside or outside the house. - The front porch has rotten floorboards on the left side and should not be walked on. - The steps leading into the basement from inside the house are unstable. - No vehicles may be parked in the back of the house because of the unsafe porch. - Utilities are off because of the fire. - The property is minutes from Brookland Park Boulevard, downtown Richmond, VCU and Richmond Raceway. - The location also offers access to I-95, I-64, I-295 and U.S. Route 1 (Brook Road). - More information is available through Nicholls Auction Marketing Group or by calling Maurice Stover at 804-937-5324.

Between the lines: - The damage list signals a deal aimed at experienced buyers rather than a move-in-ready homeowner. - The corner-lot setting, fenced yard and basement add value potential, but the safety warnings and fire damage raise renovation costs and risk. - The emphasis on nearby amenities and highway access suggests the seller is positioning the home around location-driven resale or rental upside.

What's next: - Online bidding continues until Monday, July 13 at noon. - Interested buyers must inspect the property carefully and account for the disclosed structural and safety issues before bidding. - Investors and brokers can contact Maurice Stover for auction details and registration requirements.