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2203 Ferndale Avenue, Petersburg, VA 23803

$209,900
  • 2203 Ferndale Avenue, Petersburg, VA 23803 Main Photo

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PENDING
MLS#VAPC2000156
STATUSPENDING PROPERTY TYPECommercial - Investment SCHOOLPETERSBURG CITY PUBLIC SCHOOLS

Property Description

Price Improvement - Investor Special – Triplex in Kenilworth Subdivision! Investor opportunity! This multifamily property features three 1-bedroom, 1-bath efficiency units with small kitchens, situated on a .15-acre corner lot. Built in 1974 and partially remodeled in 2022, the property offers 2,196 sq ft of living space and updated electric service with three separate meters, making tenant management simple. The units require substantial renovation and currently have no HVAC, presenting an excellent opportunity for investors or savvy buyers to create value. Each unit has its own water and electric access, maximizing flexibility for rental income. This property is ideal for those seeking a hands-on investment, with strong upside potential in a convenient Petersburg location. Don’t miss the chance to renovate, reposition, and grow your rental income portfolio! Conveniently positioned near major routes with easy access to Richmond, Hopewell, and Colonial Heights, it’s a great location for commuting tenants. Whether you're looking to fix and flip, house hack, or hold for long-term rental income, this property has the bones and the location to support a smart investment. Priced to sell, this is your chance to reimagine and revitalize a multifamily property in a growing market. Sold as-is. Motivated Seller.

2203 Ferndale Avenue | MLS# VAPC2000156

This commercial property located at 2203 Ferndale Avenue, Petersburg, VA 23803 is currently listed for sale with an asking price of $209,900. Ferndale Avenue is located within the PETERSBURG CITY PUBLIC SCHOOLS school district. Search Petersburg real estate on www.joynerfineproperties.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Window Unit(s)
Fuel Type: None
Heating: None
Lot Size: 0.15 Acres
Taxes: $832
Year Built: 1974

Feature Descriptions

Building Features: Fencing, Private Restrooms, Kitchen
Days on Site: 94
Exterior: Aluminum Siding, Metal Siding
Location: Corner Lot/Unit
Lot: Rear Yard
Lot Dimensions: 0.15 Acre(S)
Sewer: Public Septic
Special View Info: Street
Total Garage/Parking Spaces: 2
Utilities: Electric Available, Sewer Available, Water Available
Water: Public

Local Schools

School District: PETERSBURG CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 New Millennium
Agency Phone: 5408251613

Shown By

Agency Title: Joyner Fine Properties
Agency Phone: 804-270-9440

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