927 Farmer Street, Petersburg, VA 23803

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List Price
$199,950
MLS#
CVR-2626969
Year Built
1890
Stories
2
Living Area
1,758
Acres
0.12
Region
57 - Petersburg
Subdivision
Pillow
Neighborhood
Pillow

Property Description

Buy & Hold Investors – Great Duplex Opportunity in Petersburg, VA! Looking to add a solid cash-flowing property to your portfolio? Don't miss this fantastic duplex in the growing Petersburg market! This well-maintained 2-unit duplex features two 2-bedroom, 1-bath apartments. Both units are now vacant, giving the new owner the flexibility to place new tenants at current market rents or occupy a unit. Both apartments have a proven rental history and can comfortably generate $1,100 to $1,350 per month per unit, offering strong income potential. The property has been previously renovated and is in move-in ready condition, minimizing upfront capital expenses. Features include: -Two 2-bedroom, 1-bath units -Previously renovated interiors -Electric baseboard heat -Window A/C units -Strong rental demand in the area -Excellent opportunity for immediate cash flow and long-term appreciation Whether you're a seasoned investor or looking to purchase your first income-producing property, this duplex offers an affordable opportunity to build wealth through real estate.

Additional Information

Taxes
$1,360
Appliances
Electric Water Heater
Roof
Shingle
Elementary School
Pleasants Lane
Middle School
Vernon Johns
High School
Petersburg

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Calculator source: Real Geeks

Listing courtesy of Weichert Brockwell & Associate.