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$ 179,900
Est. payment /mo
New
716-718 Wesley ST Petersburg, VA 23803
1,760 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $102
MLS Listing ID 2514950
Style Two Story
Construction Status Actual
HOA Y/N No
Year Built 1930
Annual Tax Amount $665
Tax Year 2023
Lot Size 3,240 Sqft
Acres 0.0744
Property Sub-Type Duplex
Property Description
This Duplex is part of a 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. This Property is available for sale individually or as part of the portfolio. 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.
Location
State VA
County Petersburg
Area 57 - Petersburg
Exterior
Roof Type Flat
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Brick,Block
Construction Status Actual
Schools
Elementary Schools Cool Spring
Middle Schools Vernon Johns
High Schools Petersburg
Others
Tax ID 030-180002
Ownership Individuals
Listed by Greater Richmond Realty Inc