722 S Sycamore Street

    Petersburg, VA 23803
    • $125,000
    • STATUS: Active
    • ON SITE: 169 days
    • ID#: 1933595
    UPDATED: 59 min ago
    $125,000
    • 3
      BEDS
    • 0.14
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,872
      SQFT
    • $44
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1910
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Charming 3 bedroom, 2 bath home needs cosmetic repairs and is priced to sell, located in historic Petersburg features slate roof and Victorian character.- Vacant now, past tenant paid $1,000/mon rent for $5,040/yr net income. 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: 2020-03-31T18:57:05.213.
    www.abbittrealty.com/homes/99919102

    722 S Sycamore Street Petersburg, VA 23803

    • Price: $125,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 1933595
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,872
    SQFT
    $44
    $/SQFT
    1910
    Built
    Neighborhood:
    None
    County:
    Petersburg
    Area:
    57 - Petersburg
    Elementary School:
    Walnut
    Middle School:
    Peabody
    High School:
    Petersburg
    Property Description
    Charming 3 bedroom, 2 bath home needs cosmetic repairs and is priced to sell, located in historic Petersburg features slate roof and Victorian character.- Vacant now, past tenant paid $1,000/mon rent for $5,040/yr net income. 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 FrameHardiplank Type Garage YN No Roof Slate Waterfront YN No

    Interior Features

    Basement YN No Cooling Central Air Cooling YN Yes Heating ElectricHeat Pump Heating YN Yes

    Property Features

    Association YN No Disclosures Disclosure On File Ownership Corporate Property Attached YN No Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions Corporate Listing Tax Annual Amount 1887 Tax Lot 2 Tax Year 2018 Water Source Public Zoning Description Rb

    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: 2020-03-31T18:57:05.213.
     
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