1235 W Washington Street

    Petersburg, VA 23803
    • $95,000
    • STATUS: Active
    • ON SITE: 169 days
    • ID#: 1933402
    UPDATED: 35 min ago
    $95,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,128
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    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'

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    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 © 2020 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-03-28T10:57:06.88.
    www.abbittrealty.com/homes/99853537

    1235 W Washington Street Petersburg, VA 23803

    • Price: $95,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 1933402
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,128
    SQFT
    $45
    $/SQFT
    1922
    Built
    Neighborhood:
    None
    County:
    Petersburg
    Area:
    57 - Petersburg
    Elementary School:
    A. P. Hill
    Middle School:
    Vernon Johns
    High School:
    Petersburg
    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'
    Exterior Features

    Architectural Style Two Story Construction Materials Aluminum SidingDrywallFrameVinyl Siding Garage YN No Parking Features Off StreetOn Street Roof Metal Waterfront YN No

    Interior Features

    Basement YN No

    Property Features

    Disclosures Disclosure On File Ownership Corporate Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Corporate Listing Tax Annual Amount 987 Tax Lot 118 Tax Year 2018 Water Source Public Zoning Description B-2

    Listing courtesy of Joyner Fine Properties. Listing information © 2020 CVRMLS and CBRAR.


    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 © 2020 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-03-28T10:57:06.88.
     
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