Matt Smith
This listing was posted on Matt Smith (via ListedBuy).
$374,950
Petersburg Studio, Historic QUAD in Old Towne
Price:
$374,950
BR/BA:
Studio
Location:
Petersburg, VA
Description:
Historic QUAD in Old Towne Petersburg, on the river. Now is the Time to Buy this Historic Quad, and now is the time to renovate. This QUAD is located in an Historic Tax Credit location, and so qualifies for State and Federal Tax Credits if renovated properly, up to 45% of what you spend renovating. This property is located in Old Towne Petersburg, and is close to VSU, Ft. Lee and downtown Petersburg. This can easily be a premium saleal in the heart of Petersburg. This Quad has 4-units, with 2 of them being 2-bedrooms and 2 of them being studio units. Perfect location for an Airbnb, College or City saleal, etc. Work was started on this project, but it needs to be finished. There are 4 power meters here and 2 water meters, owner will pay for water and sewer and tenants will pay for electric. With current saleal rates in Petersburg, when Finished the Studio units $800-$1000 per unit per month and the 2-bedroom units $1500-$1800 per unit per month. Take the time, do the numbers, and then drive by and take a look. Still available at ListedBuy!
Property Type:
Single-Family Houses
Sq feet:
3,328 sq. ft.
For sale by:
By Owner
Agent Name:
Matt Smith
MLS Number:
2320633
Posted:
August 25 2023 on ListedBuy
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More About this Listing: Petersburg Studio, Historic QUAD in Old Towne
Petersburg Studio, Historic QUAD in Old Towne is a Studio Single-Family Homes for Sale in Petersburg VA. Find other listings like Petersburg Studio, Historic QUAD in Old Towne by searching Oodle Classifieds for Studio Single-Family Homes for Sale in Petersburg VA.
Petersburg Studio, Historic QUAD in Old Towne is a Studio Single-Family Homes for Sale in Petersburg VA. Find other listings like Petersburg Studio, Historic QUAD in Old Towne by searching Oodle Classifieds for Studio Single-Family Homes for Sale in Petersburg VA.