Property Attributes
- MLS#1933402
- TypeMulti-Family
- CountyPETERSBURG
- CityPetersburg
- Area57 - Petersburg
- Zip23803
- StyleTwo Story
- Year Built1922
- Taxes987
- Price$ 95,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2128
- Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Susan A Haas with Joyner Fine Properties.
Property Description
Fully-Occupied Duple with 11% 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 $95,000 |
General Features
| High School | Petersburg |
| MLS Area | 57 - Petersburg |
| Property SubType | Duplex |
| Property Type | Residential Income |
| Subdivision Name | None |
| Total Units | 2 |
| Zoning Description | B-2 |
Interior Features
| Living Area | 2128 |
Exterior Features
| Architectural Style | Two Story |
| Construction Materials | Aluminum Siding, Drywall, Frame, Vinyl Siding |
| Lot Size Acres | 0.13 |
| Parking Features | Off Street, On 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
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2019 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
All MLS listings are © 2019 Central Virginia Regional Multiple Listing Service, LLC. All
