Virginia Estates is a real estate company licensed in VA NC MD with a worldwide referral network, EST. 1997
706-708 Mt Airy St, Petersburg,VA 23803
$1,575,000
50
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706-708 Mt Airy St, Petersburg, Virginia 23803 - $1,575,000
0.71 Acre
Marketed by Virginia Estates
MLS # #2409128
For More Information Call (434) 981-5923 or email rick@virginiaestates.com
Property Description
Well-curated portfolio of seven duplex rental properties nestled in Petersburg, Virginia, an integral part of the bustling Richmond Metropolitan Area. This meticulously assembled portfolio is offered debt-free at an attractive price point of $1,575,000. Our seller has thoughtfully assembled this collection, providing investors with a substantial scale without the typical headaches and expenses associated with piecing together such a portfolio.
With a focus on tenant quality, the properties boast carefully vetted occupants, effectively minimizing collection loss and turnover. Against the backdrop of rising mortgage rates and a widespread housing shortage, there’s an unprecedented demand for workforce rentals. This surge in demand grants landlords exceptional pricing leverage, allowing for a discerning selection process like never before.
Throughout the turbulence of the Covid era, Petersburg has proven itself as a resilient rental market. Moreover, it’s now witnessing increased investment from astute real estate developers
and forward-thinking businesses seeking cost-effective operations, all while enjoying convenient access to both Richmond and the intersecting highways of Interstates 85 and 95.
For More Information Call (434) 981-5923 or email rick@virginiaestates.com
Property Details
Basic Details
Property Type :
Price : $1,575,000
Year Built : 1920
Lot : 0.71 Acre
Status : Active
For More Information Call (434) 981-5923 or email rick@virginiaestates.com
Features
: Central air
: Flat
For More Information Call (434) 981-5923 or email rick@virginiaestates.com
Address Map
US
VA
Richmond and Greater Richmond Area
Petersburg
Petersburg
23803
W78° 35' 12.5''
N37° 12' 57.6''
For More Information Call (434) 981-5923 or email rick@virginiaestates.com
Additional Details
0
: Level
030-220003
$0
One South Commercial LLC
(804) 353-0009
: Other
: Public
2409128
For More Information Call (434) 981-5923 or email rick@virginiaestates.com
Copyright 2024 - Virginia Estates uses MLS data from Charlottesville Area Association of Realtors & Metropolitan Regional Information Systems, Inc. to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website.