INVESTOR OPPORTUNITY! Don't miss this income-producing duplex in the growing Petersburg market. This property offers the perfect combination of immediate cash flow and value-add potential. Unit 1526 is occupied by a long-term tenant on a month-to-month lease, providing flexibility for future rent adjustments, renovations, or future occupancy options. Unit 1528… Read More has been refreshed with fresh paint and new carpet and is move-in ready, with a new tenant expected to occupy the unit soon. Each unit features 2 bedrooms and 1 bathroom with separate entrances, making this an ideal addition to any rental portfolio. While the property could benefit from additional updates, it presents an excellent opportunity for investors to build equity and increase future cash flow through strategic improvements. The existing tenant occupancy and upcoming lease-up provide a strong foundation for immediate and future income potential. Conveniently located near Downtown Petersburg, Virginia State University, Fort Gregg-Adams, shopping, dining, major employers, and easy access to I-95. Whether you're looking to expand your investment portfolio, house hack, or reposition an asset for stronger returns, this duplex offers both current income and upside potential. Property is being sold AS-IS. Seller will make no repairs. Inspections are for informational purposes only. Bring your vision and take advantage of this opportunity to acquire a cash-flowing multifamily property in a growing rental market. Read Less
Courtesy of Legacy Builders Real Estate Group LLC 804-503-8455
Listing Snapshot
Days Online
3
Last Updated
Property Type
Duplex
Lot Size
0.12 Acres
Year Built
1965
MLS Number
2617205
30 Days Snapshot Of 23803
$269k
+6%
(avg) sold price
39
-18%
homes sold
28
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: AluminumSiding, Drywall, Frame