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Address
1220 Mckenzie Street Petersburg, VA
Price
$ 85,000
Property Attributes
  • MLS#1933398
  • TypeMulti-Family
  • CountyPETERSBURG
  • CityPetersburg
  • Area57 - Petersburg
  • Zip23803
  • StyleTwo Story
  • Year Built1918
  • Taxes976
  • Price$ 85,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1632
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Susan A Haas with Joyner Fine Properties.
Property Description

Fully-Occupied Duplex with 12% cap rate This property is sold individually or as part of a 10.5% Cap Rate Portfolio of 53 Properties located in Downtown Petersburg area and including 12 multi-family, 37 single-family, 2 commercial and 2 vacant lots at Va. State University, Fort Lee military base, multiple industrial companies, such as tobacco companies, Walmart distribution and Amazon.com in neighboring Dinwiddie County provide a stable and growing tenant base and opportunity to increase rents with improved market conditions, increased rental population and investment in property shell, systems, new kitchens, baths and miscellaneous upgrades. Petersburg is located on the Interstate 95 corridor is experiencing rapid population growth and development. With existing Amtrak daily northeast regional connection and the planned east coast light-rail system Petersburg is more accessible and an affordable option. sold 'as is'

Elementary School Middle School High School
Stuart Elementary School Vernon Johns Middle School Petersburg High School
Price History
10/10/2019 Listed $850,000
10/10/2019 90% - $85,000

General Features

High School Petersburg
MLS Area 57 - Petersburg
Property SubType Duplex
Property Type Residential Income
Subdivision Name None
Total Units 2
Zoning Description R-3

Interior Features

Living Area 1632

Exterior Features

Architectural Style Two Story
Construction Materials Aluminum Siding, Drywall, Frame, Vinyl Siding
Lot Size Acres 0.08
Roof Metal
Sewer Public Sewer
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 23803

Price
AVG $130K
$90K
Taxes
AVG $1,077
$976
Visits
AVG 15
12
Year Built
AVG 1914
1918
Walkscore
AVG 57
31
Data Provided by Walkscore ® not using MLS data

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