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10136 Iron Mill Road #10136, 
Midlothian, VA 23235

$189,900


2

Beds


2

Baths


965

Sq Ft


Condo

Active

Listed by

Bettina Hinckle

Napier Realtors ERA

804-794-4531

Last updated:

August 14, 2025, 02:31 PM

MLS#

2522673

Source:

RV

About This Home

10136 Iron Mill Road #10136

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!

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1973

Price Summary

189,900

$196 per Sq. Ft.

MLS #:

2522673

Last Updated:

August 14, 2025, 02:31 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

965 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary

Building Area:

965 Sq. Ft.

Year Built:

1973


Finances & Disclosures

Finances

Price:

$189,900

Price per Sq. Ft:

$196 per Sq. Ft.

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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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