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Address
608 Hinton Street Petersburg, VA
Price
$ 80,000
Property Attributes
  • MLS#1933395
  • TypeMulti-Family
  • CountyPETERSBURG
  • CityPetersburg
  • Area57 - Petersburg
  • Zip23803
  • StyleRanch
  • Year Built1938
  • Taxes679
  • Price$ 80,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1404
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Susan A Haas with Joyner Fine Properties.
Property Description

Fully-Occupied Duple with 13% cap rate located in a Federal Enterprise Zone 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 $70,000

General Features

High School Petersburg
MLS Area 57 - Petersburg
Property SubType Duplex
Property Type Residential Income
Subdivision Name None
Total Units 2
Zoning Description M-1

Interior Features

Living Area 1404

Exterior Features

Architectural Style Ranch
Construction Materials Drywall, Frame, Wood Siding
Lot Size Acres 0.22
Parking Features Off Street
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
$80K
Taxes
AVG $1,077
$679
Visits
AVG 15
9
Year Built
AVG 1914
1938
Walkscore
AVG 57
66
Data Provided by Walkscore ® not using MLS data

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