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$795,000
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29-31 S Jefferson Street Unit 31 Petersburg, VA 23803
General Commercial
Residence
Beds
Baths
...
Bed/Bath
4,554
Sq. Ft.
Property Activity
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Exceptional investment opportunity of a fully renovated historic 6-unit multifamily property located in the heart of downtown Petersburg, VA. This historic gem has been meticulously updated inside and out, blending classic charm and architectural features with contemporary convenience. Each of the s...ix (6) 1-bedroom units offers the perfect blend of historic elegance and modern comfort, making it an attractive option for tenants seeking a unique living experience in a vibrant urban setting just blocks away from the City’s center. This property has undergone an extensive comprehensive renovation and replacement of all building systems, including electrical, plumbing, roof, and HVAC. This means minimal maintenance and high efficiency for years to come. Each unit features modern kitchens with new appliances, updated bathrooms, in-unit laundry facilities, and new finishes throughout. Retaining its historic character, the property boasts original architectural details such as high ceilings, large windows, and period-specific finishes, offering a unique living experience. The property has also been enhanced with extensive sitework and landscaping, providing a serene and attractive environment for residents as well as a generous off street parking component. Situated in downtown Petersburg, tenants will enjoy easy access to local shops, restaurants, entertainment venues, and public transportation. The property’s central location makes it a highly desirable living option. With all units being 1-bedroom, the property caters to a wide demographic, including young professionals, couples, and retirees, ensuring a steady rental demand as Petersburg continues to grow. Fully renovated and modernized, this property requires no additional investment, offering immediate rental income potential. The demand for modernized historic apartments in downtown Petersburg ensures high occupancy rates and consistent rental income.
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MLS#
2414412
Property Type
General Commercial
Year Built
1870
Square Feet
4,554
sq. ft
Lot Size
0.16
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