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29-31 S Jefferson Street

Petersburg, VA 23803
  • $795,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 2414412
UPDATED: 173 min ago
$795,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1870
County:

School Ratings & Info

Description

Exceptional investment opportunity of a fully renovated historic 6-unit multifamily property located in the heart of downtown Petersburg, VA. This historic gem has been meticulously updated inside and out, blending classic charm and architectural features with contemporary convenience. Each of the six (6) 1-bedroom units offers the perfect blend of historic elegance and modern comfort, making it an attractive option for tenants seeking a unique living experience in a vibrant urban setting just blocks away from the City's center. This property has undergone an extensive comprehensive renovation and replacement of all building systems, including electrical, plumbing, roof, and HVAC. This means minimal maintenance and high efficiency for years to come. Each unit features modern kitchens with new appliances, updated bathrooms, in-unit laundry facilities, and new finishes throughout. Retaining its historic character, the property boasts original architectural details such as high ceilings, large windows, and period-specific finishes, offering a unique living experience. The property has also been enhanced with extensive sitework and landscaping, providing a serene and attractive environment for residents as well as a generous off street parking component. Situated in downtown Petersburg, tenants will enjoy easy access to local shops, restaurants, entertainment venues, and public transportation. The property's central location makes it a highly desirable living option. With all units being 1-bedroom, the property caters to a wide demographic, including young professionals, couples, and retirees, ensuring a steady rental demand as Petersburg continues to grow. Fully renovated and modernized, this property requires no additional investment, offering immediate rental income potential. The demand for modernized historic apartments in downtown Petersburg ensures high occupancy rates and consistent rental income.

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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 © 2024 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: 2024-06-12T07:57:29.983.
www.kevincurriegroup.com/homes/151308606
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29-31 S Jefferson Street Petersburg, VA 23803

  • Price: $795,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 173 min ago
  • MLS #: 2414412
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1870
Built
Neighborhood:
57 - Petersburg
County:
Petersburg
Area:
57 - Petersburg
Property Description
Exceptional investment opportunity of a fully renovated historic 6-unit multifamily property located in the heart of downtown Petersburg, VA. This historic gem has been meticulously updated inside and out, blending classic charm and architectural features with contemporary convenience. Each of the six (6) 1-bedroom units offers the perfect blend of historic elegance and modern comfort, making it an attractive option for tenants seeking a unique living experience in a vibrant urban setting just blocks away from the City's center. This property has undergone an extensive comprehensive renovation and replacement of all building systems, including electrical, plumbing, roof, and HVAC. This means minimal maintenance and high efficiency for years to come. Each unit features modern kitchens with new appliances, updated bathrooms, in-unit laundry facilities, and new finishes throughout. Retaining its historic character, the property boasts original architectural details such as high ceilings, large windows, and period-specific finishes, offering a unique living experience. The property has also been enhanced with extensive sitework and landscaping, providing a serene and attractive environment for residents as well as a generous off street parking component. Situated in downtown Petersburg, tenants will enjoy easy access to local shops, restaurants, entertainment venues, and public transportation. The property's central location makes it a highly desirable living option. With all units being 1-bedroom, the property caters to a wide demographic, including young professionals, couples, and retirees, ensuring a steady rental demand as Petersburg continues to grow. Fully renovated and modernized, this property requires no additional investment, offering immediate rental income potential. The demand for modernized historic apartments in downtown Petersburg ensures high occupancy rates and consistent rental income.
Exterior Features

Architectural Style Garden Home Construction Materials Brick Levels Two Road Frontage Type City Street Roof Built Up Topography Rolling

Interior Features

Basement YN No Building Area Total 4554 Cooling Central Air Cooling YN Yes Rooms Total 12

Property Features

Lease Considered YN No Ownership Investment Property Condition Good Condition Under Construction Sewer Public Sewer Water Source Public

Central Virginia Regional MLS logo Listing provided by One South Commercial LLC: (804) 353-0009. Listing information © 2024 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 © 2024 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: 2024-06-12T07:57:29.983.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221