Description

Excellent investment opportunity in the heart of historic Petersburg! This is an income-producing duplex. The upper unit features 3 bedrooms and 1.5 bathrooms. The lower unit offers 2 bedrooms and 1.5 bathrooms, presenting an excellent opportunity to lease at current market rates or occupy one unit while generating rental income from the other. Conveniently located just minutes from Old Towne Petersburg, this property offers easy access to local restaurants, shopping, entertainment, Virginia State University, Fort Gregg-Adams, Interstate 95, Interstate 85, and Route 460, making it an attractive location for commuters and tenants alike. Residents will enjoy nearby historic attractions, the Appomattox River, Petersburg National Battlefield, parks, and the city's continuing downtown revitalization featuring locally owned restaurants, breweries, coffee shops, and boutiques. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a property with income-producing potential, this duplex offers an outstanding opportunity in a growing market. With a desirable unit mix, an established tenant already in place, and a location convenient to major employers and transportation corridors, this property is well-positioned to provide long-term investment potential.

All features

Construction details

Type & Style

  • Home type: Multi Family
  • Architectural style: Two Story
  • Stories: 2

Materials

  • Construction: Brick, Block
  • Roof: Flat, Rubber

Listed by: Katelyn Ralston (540) 374-1111, FREI/United Real Estate Premier Inc

MLS#: 2621461

Listings displayed by Propified through Rand Properties Brokerage.

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