$ 209,900
-
$209,900
Price -
3
Bed -
3
Bath -
2,196
SqFt
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About the Listing CENM21 - 3045930
Price Improvement - Investor Special – Triplex in Kenilworth Subdivision! 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.
Listing Highlights
Status
Pending
Days on Site
5
Property Type
Residential
MLS ®
VAPC2000158
Year Built
1974
Total Square Footage
2,196
Lot/Acreage
0.15
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2196
- Below Ground Sq Ft: n/a
- Basement:
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: Special Conforming zoning for a triplex multifamily. Originally R-2
- Roof:
- Others: Major Rehab Needed
- Sewer: Public Septic
- Parking Features: Driveway
Financial Details
- Tax Amount: $832
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
2203 Ferndale Ave Petersburg, VA 23803
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