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141 E Wythe Street

Petersburg, VA 23803
  • $2,100,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 2131977
UPDATED: 41 min ago
$2,100,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1908
County:

School Ratings & Info

Description

Converted from a historic schoolhouse to 19 state-of-the-art apartments in 2012, the Property offers investors stable income with rental and operational upside. The property is being offered free-and-clear of existing debt, allowing investors to take advantage of todays historically low interest rates.The units at Wythe are spacious with high ceilings and large windows offering light-filled spaces. This neighborhood landmark sits on a large corner lot and includes 26 parking spaces, a dog run, and attractive landscaping. Residents have quick access to local hot spots like The Croakers Spot, Saucys BBQ and Trapezium Brewing Company. During the 2012 renovation the developer installed a new roof, as well as new plumbing, HVAC and electrical. The kitchens boast granite countertops, maple cabinets, and stainless steel appliances.

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All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2021 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-12-06T20:57:17.177.
www.thervalife.com/homes/122569812
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141 E Wythe Street Petersburg, VA 23803

  • Price: $2,100,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 41 min ago
  • MLS #: 2131977
0
Beds
0
Baths
0
½ Baths
0.89
Acres
1908
Built
Neighborhood:
57 - Petersburg
County:
Petersburg
Area:
57 - Petersburg
Property Description
Converted from a historic schoolhouse to 19 state-of-the-art apartments in 2012, the Property offers investors stable income with rental and operational upside. The property is being offered free-and-clear of existing debt, allowing investors to take advantage of todays historically low interest rates.The units at Wythe are spacious with high ceilings and large windows offering light-filled spaces. This neighborhood landmark sits on a large corner lot and includes 26 parking spaces, a dog run, and attractive landscaping. Residents have quick access to local hot spots like The Croakers Spot, Saucys BBQ and Trapezium Brewing Company. During the 2012 renovation the developer installed a new roof, as well as new plumbing, HVAC and electrical. The kitchens boast granite countertops, maple cabinets, and stainless steel appliances.
Exterior Features

Construction Materials Brick Lot Features Level Road Frontage Type City Street Roof CompositionShingle Topography Level

Interior Features

Basement YN No Building Area Total 16150 Cooling Central Air Cooling YN Yes

Property Features

Property Condition Good Condition Sewer Sanitary Water Source Public Zoning Description B-3

Listing courtesy of One South Realty Group, Llc. Listing information © 2021 CVRMLS and CBRAR.


All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2021 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-12-06T20:57:17.177.
 
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Small & Associates, Inc. Real Estate
5413 Patterson Ave., Suite 200
Richmond VA, 23226