505 N James Street, VA 23005

Nearly complete 4-bedroom, 3-bath renovation just half a mile from Randolph-Macon College. This 1,998 sq ft home sits on a 0.21-acre lot in a highly desirable Ashland location with strong resale and rental demand. An appraisal is already in hand at $450,000, offering built-in equity and clarity for buyers and investors alike. All permits and approved plans are completed and included, significantly reducing time, cost, and uncertainty. Major systems are well underway with HVAC, electrical, and plumbing approximately 80% complete—the remaining work primarily consists of drywall and final finishes, allowing a buyer to customize and bring this project across the finish line efficiently. With its proximity to Randolph-Macon College, this property is ideally positioned for primary residence buyers, long-term rental strategies, or student-adjacent housing demand. A rare opportunity to step into a mostly completed renovation in one of Ashland’s most sought-after areas. Plans included. Appraisal included. Location, progress, and value already established.