Petersburg, VA 23803,225 N South ST
Petersburg, VA 23803,225 N South ST
Petersburg, VA 23803,225 N South ST
Petersburg, VA 23803,225 N South ST
Petersburg, VA 23803,225 N South ST
Petersburg, VA 23803,225 N South ST
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$ 1,850,000
Est. payment | /mo

7,800 SqFt


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$ 1,850,000
Est. payment | /mo
Save

7,800 SqFt

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

Central Virginia Regional MLS (CVR MLS)
Listed by EXP Realty LLC

GET MORE INFORMATION

agent
Tara Ulysse

CEO / Broker | License ID: 0225096970

+1(804) 409-3858

14321 Winter Breeze Drive #31, Midlothian, VA, 23113

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225 N South ST