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Address
1206 Melville Street Petersburg, VA
Price
$ 90,000
Property Attributes
  • MLS#1933400
  • TypeMulti-Family
  • CountyPETERSBURG
  • CityPetersburg
  • Area57 - Petersburg
  • Zip23803
  • StyleTwo Story
  • Year Built1918
  • Taxes763
  • Price$ 90,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1808
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Susan A Haas with Joyner Fine Properties.
Property Description

Fully-Occupied Duplex with 10% 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
A. P. Hill Elementary School Vernon Johns Middle School Petersburg High School
Price History
10/10/2019 Listed $90,000

General Features

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

Interior Features

Living Area 1808

Exterior Features

Architectural Style Two Story
Construction Materials Aluminum Siding, Frame, Vinyl Siding
Lot Size Acres 0.2
Parking Features Off Street
Roof Metal
Sewer Public Sewer

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
$763
Visits
AVG 14
6
Year Built
AVG 1914
1918
Walkscore
AVG 57
27
Data Provided by Walkscore ® not using MLS data

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