Description

Investment opportunity in the heart of Petersburg! This duplex features two 2-bedroom, 1-bath units, each with its own entrance, offering over 2,100 square feet of living space. Both units are currently vacant, making this an ideal opportunity to renovate, lease at market rents, or live in one unit while generating income from the other. Each unit is equipped with mini-split heating and cooling systems, providing efficient year-round comfort. Built in 1878, this property offers historic charm and endless potential for an investor or buyer looking to restore and add value. Situated on a corner lot with public water and sewer, the property is conveniently located near downtown Petersburg, shopping, dining, Virginia State University, Fort Gregg-Adams, and major highways. With Petersburg continuing to experience revitalization and investment, this property presents an excellent opportunity to build long-term equity. Property is being sold AS-IS. The home needs renovation and updates but offers tremendous upside for investors, flippers, or owner-occupants looking for a value-add opportunity.