225 N South ST new Save Request In-Person Tour Request Virtual Tour
Petersburg,VA 23803
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $237
MLS Listing ID 2514145
Style Two Story,Low Rise
Construction Status Renovated
HOA Y/N No
Year Built 2019
Annual Tax Amount $3,107
Tax Year 2023
Lot Size 0.365 Acres
Acres 0.3647
Property Sub-Type Multi Family
Property Description
This 11unit, 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.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.
Location
State VA
County Petersburg
Area 57 - Petersburg
Exterior
Parking Features Attached
Garage Spaces 2.0
Roof Type Asphalt
Garage Yes
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story,Low Rise
Level or Stories Two
Structure Type Brick,Block
Construction Status Renovated
Schools
Elementary Schools Pleasants Lane
Middle Schools Vernon Johns
High Schools Petersburg
Others
Tax ID 023-020002
Ownership Partnership