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. One unit is currently rented, while the second unit will be vacant at the end of the month, giving the new owner the flexibility to place a new tenant at current market rents or occupy the 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. Schedule your showing today and see the potential this Petersburg investment has to offer!
Listed By
Agency Name: Weichert Brockwell & Associate
Shown By
Agent Name: Christina Cuevas Pearson
Agent Phone: (804) 301-2923
Agency Title: Joyner Fine Properties
Estimated Payment
$ 1,182.71 per month $1,011.06 Principal & Interest $113.33 Property Tax $58.32 Homeowner's Insurance
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927 Farmer Street | MLS# 2621772
This multi-family property located at 927 Farmer Street, Petersburg, VA 23803 is currently listed for sale with an asking price of $199,950. Search Petersburg real estate on www.richmondviprealtor.com today.