927 Farmer Street
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.
Broker Details
Weichert Realtors Brockwell and Portwood (804) 518-0500
MLS ID: 66247 State License Number: 0225178533
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $199,950 |
| No. of Units: | 2 |
| Year Built: | 1890 |
| Lot Size: | 1,758.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $99,975 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-CVRMLS-2626969
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