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225 South Street

Petersburg, VA 23860
  • $1,800,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 2300118
Price Reduced
UPDATED: 33 min ago
$1,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,800
    SQFT
  • $231
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:

Description

This 10 unit, multi-use rental property is located in Petersburg, VA in Old Town. The apartment complex is a fully gated, conglomeration of 4 buildings. 225 N South St. Features 7 units with a mix of 1bd and 2bd options. 225 is newly constructed and expected to have occupancy permits within the next month. Leases are being signed for September. 217 N South St. is a 2-unit duplex and is fully rented and renovated as of 2017. 221 N South St. is currently used as a contractors office with an attached garage. This space is built out with a kitchen, bedroom, and a bath. 219 is warehouse space and currently rented out and operated as a cabinet shop. 219 N South St. presents value add potential and can be built out into an additional 8-units. The same builder is available to do your build out and has drawings ready to go. The luxury apartments in this area have above 95% occupancy. These luxury apartments stick out in the area and do not disappoint.

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Central Virginia Regional MLS logo 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 © 2023 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: 2023-01-30T18:57:02.837.
www.thervalife.com/homes/135704262
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225 South Street Petersburg, VA 23860

  • Price: $1,800,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 33 min ago
  • MLS #: 2300118
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,800
SQFT
$231
$/SQFT
1910
Built
Neighborhood:
None
County:
Petersburg
Area:
57 - Petersburg
Elementary School:
Cool Spring
Middle School:
Vernon Johns
High School:
Petersburg
Property Description
This 10 unit, multi-use rental property is located in Petersburg, VA in Old Town. The apartment complex is a fully gated, conglomeration of 4 buildings. 225 N South St. Features 7 units with a mix of 1bd and 2bd options. 225 is newly constructed and expected to have occupancy permits within the next month. Leases are being signed for September. 217 N South St. is a 2-unit duplex and is fully rented and renovated as of 2017. 221 N South St. is currently used as a contractors office with an attached garage. This space is built out with a kitchen, bedroom, and a bath. 219 is warehouse space and currently rented out and operated as a cabinet shop. 219 N South St. presents value add potential and can be built out into an additional 8-units. The same builder is available to do your build out and has drawings ready to go. The luxury apartments in this area have above 95% occupancy. These luxury apartments stick out in the area and do not disappoint.
Exterior Features

Architectural Style Two StoryLow Rise Attached Garage YN Yes Construction Materials Brick VeneerBlockFrame Garage YN Yes Levels Two Other Structures Garage Apartment Parking Features AttachedGarage Roof Flat Waterfront YN No

Interior Features

Basement YN No

Property Features

Disclosures Familial RelationSellers Disclosure Not Available Occupant Type Tenant Ownership Partnership Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 3108 Tax Year 2022 Water Source Public

Central Virginia Regional MLS logo Listing provided by Exp Realty Llc: 804-729-5188. Listing information © 2023 CVRMLS and CBRAR.


Central Virginia Regional MLS logo 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 © 2023 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: 2023-01-30T18:57:02.837.
 
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Small & Associates, Inc. Real Estate
3103 Ellwood Ave
Richmond VA, 23221