10136 Iron Mill Road #10136, Midlothian, VA 23235 (MLS # 2522673)
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Turnkey Investment Opportunity in Prime Bon Air Location! Investors, take note "” this is the best value on the market under $200K in desirable Bon Air, delivering immediate cash flow and long-term upside. Currently leased at $2,000/month, this condo generates $1,400+ in monthly net cash flow, offering a strong return from day one. Professionally managed by a proactive self-managed HOA, recent capital improvements include a new roof, flashing, electrical box, and windows, ensuring peace of mind and lower maintenance costs for years to come. Inside, the unit has been fully updated with a new water heater, new stove, new dishwasher, new carpet, new tile, and a newer refrigerator, washer, and dryer "” all within a freshly painted interior. No deferred maintenance, no renovation needed "” just collect rent and watch your investment grow. Located in a top-rated school district, this property offers enduring appeal for both renters and future resale. Tenants love the included amenities: pool, playground, heat, water, and trash collection "” all covered by the HOA. With a great tenant in place under a 12-month lease, this is a true turnkey asset in a high-demand area. Secure a smart investment with immediate returns and long-term growth potential. Act quickly "” opportunities like this don't last!
DAYS ON MARKET | 5 | LAST UPDATED | 8/12/2025 |
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TRACT | Edgehill Condo | YEAR BUILT | 1973 |
COMMUNITY | 64 - Chesterfield | COUNTY | Chesterfield |
STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
Elementary School | Bon Air |
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Jr. High School | Robious |
High School | James River |
ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s), Central Air |
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AIR CONDITIONING | Yes |
AMENITIES | Gas, Insurance, Maintenance Structure, Sewer, Trash, Water |
APPLIANCES | Cooktop, Dishwasher, Dryer, Electric Water Heater, Gas Cooktop, Oven, Refrigerator, Washer |
AREA | 64 - Chesterfield |
CONSTRUCTION | Frame, Wood Siding |
FIREPLACE | Yes |
HEAT | Electric, Forced Air, Natural Gas |
HOA DUES | 410|Monthly |
INTERIOR | Bookcases, Built-in Features, Ceiling Fan(s), Master Downstairs |
PARKING | Assigned, Guest, Parking Lot |
POOL | Yes |
POOL DESCRIPTION | Outdoor Pool, Community |
SEWER | None |
STORIES | 1 |
STYLE | Contemporary |
SUBDIVISION | Edgehill Condo |
TAXES | 1139 |
UTILITIES | Sewer Not Available |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Napier REALTORS ERA
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Last Updated: 8/17/25 5:29 AM PDT
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