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Key Details
Sold Price $55,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $25
MLS Listing ID 2020159
Sold Date 01/22/21
Style Two Story
Construction Status Actual
HOA Y/N No
Year Built 1922
Annual Tax Amount $987
Tax Year 2019
Property Description
Rents are currently $550/mon with apr. $11,000/yr. Net Operating Income. (sold 'as is') Petersburg is an emerging affordable rental market for neighboring counties near Petersburg's new Veteran Hospital, Va. State University, Fort Lee military base, multiple industrial companies, such as Phillip Morris, Walmart distribution and Amazon.com in neighboring Dinwiddie County providing a stable and growing tenant base. Petersburg is also located on the Interstate 95 corridor 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. Call agent at least 48 hours in advance of showing to allow time for arrangements with both tenants.
Location
State VA
County Petersburg
Area 57 - Petersburg
Exterior
Roof Type Metal
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Aluminum Siding,Drywall,Frame,Vinyl Siding
Construction Status Actual
Schools
Elementary Schools Lakemont
Middle Schools Vernon Johns
High Schools Petersburg
Others
Tax ID 024-220026
Ownership Corporate
Financing Conventional
Special Listing Condition Corporate Listing
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Bought with Joyner Fine Properties