Courtesy: EXP Realty LLC
Ray Rivera
804-833-5711
Have you ever wanted to wanted to own real estate while simultaneously making it an income producing property? Perhaps to lower the burden of owning a home? What if you knew this property was an ideal house hack? Or perhaps you're an experienced and sophisticated investor looking to purchase a new property before the end of the year for tax purposes? Or even contemplating a 1031 exchange? Potentially looking to scale from single family housing to multifamily housing. If any of these sound like you - then welcome to Wilson St. where your new home can produce money, lower your tax liabilities & also provide debt paydown all while offering a low capex due to this property being entirely turn key. Wilson street has been entirely renovated with permits. A brand new roof was installed along with low maintenance vinyl siding & vinyl thermal windows. Each unit is separately metered for electricity. Inside, the property features a first floor bedroom, full first floor bathroom & brand new kitchen flaunting new white appliances (all electrical), chic white cabinetry & fantasy brown stone countertops. The water heater, heating & cooling system (heat pump) & electrical wiring + plumbing are also all brand new. Inside, the entire unit has had luxury vinyl plank water proof flooring throughout with 12 mm backing (more durable). Fresh painted walls expand entirely throughout the unit. Upstairs, you have 2 additional sizeable bedrooms, a full size bathroom & a well allocated washer & dryer closet area with shelving. The unfinished attic offers more storage space - and don't forget all of the newly installed insulation up there (along with exterior walls & crawlspace). The rear yard is private and is accessible through your new front steps. Back up front, you can unwind on your new front porch, perfect for winding down. With Fort Greg Adams so close, and the home also being located within an opportunity zone - one should consider the variety of conventional (and non qualifying) mortgage products available in today's marketplace.
Courtesy: Weichert Brockwell & Associate
Matt Smith
804-366-0200
*Petersburg Duplex For Sale* Looking for your next rental property? Then look no further, come see 210 S South St. in Beautiful Petersburg, Virginia. This 2-story Duplex has 2 units, both are 2-beds and 1-bath. Both units have been rented for years, and rents are $750.00 each. Market rents in the area are $900-$1100 for similar units. This property does need some TLC, but has ample value add opportunities. Drive by and take a look today.
Courtesy: Weichert Brockwell & Associate
Matt Smith
804-366-0200
-Historic Petersburg Duplex For Sale- This one is a keeper. This Beautiful All Brick Duplex at 625 West Washington Street is now available for purchase. This Property is large, 2980 sqft., with two 3-bedroom 1-bath units. Units were updated several years ago and are in good condition. Property has road frontage on W Washington St and on Hinton St, with off street parking in the rear via Hinton St.. The property is located in the Folley Castle Historic District. With some basic TLC, this can be the Crown in your Rental Portfolio. Drive by and take a look today.
Courtesy: Shaheen Ruth Martin & Fonville
Jimmy Benson
804-399-4916
Welcome to this beautiful renovated duplex in the revitalized and historic Petersburg area. Great opportunity for Virginia State University students to live close to campus and experience great privacy in these two units. Each unit has 3 bedrooms with their own private baths and nice walk-in closets. The kitchens have been modernized with new cabinets, counters and all new appliances. The units are separately metered for electric and the building has a common water and sewer connection. This building will be a great income stream or opportunity to live in one side and rent the other side out. Both units are two levels with 2 bedrooms upstairs and one on the first floor.
Courtesy: Keller Williams Realty
Michell Pope
804-337-9093
Located in Petersburg's Poplar Lawn historic district this property is a contractor or handyman's dream. Large, flat lot a majority of which has been cleared out! Great space for shed or potentially an Accessory Dwelling Unit for xtra space/rental. All the major work has already been done for you--property has a newer HVAC system--gas furnace, A/C, electrical panel, plumbing and gas water heater. Lower level framed and has plumbing for bathroom and kitchen with separate entrance in front and back. Zoned R3 - this property has recently converted by the city to multifamily/duplex with separate addresses. This property is brimming with possibilities for those looking to invest in the growing Petersburg area especially now with passing of the upcoming Casino project!
Petersburg is located in Virginia. Petersburg, Virginia has a population of 33,229. Petersburg is less family-centric than the surrounding county with 13.46% of the households containing married families with children. The county average for households married with children is 13.46%.
The median household income in Petersburg, Virginia is $44,890. The median household income for the surrounding county is $44,890 compared to the national median of $69,021. The median age of people living in Petersburg is 37.2 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 29.1 degrees. The average rainfall is approximately 45.6 inches per year, with 6.4 inches of snow per year.
