PhilRussell
BEDS3
BATHS3 full
SQUARE FEET2,196
MLS#VAPC2000158
STATUSPENDING
PROPERTY TYPEResidential - Single Family
SCHOOLPETERSBURG CITY PUBLIC SCHOOLS
Property Description
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.
Property Features
Property Type: Residential - Single Family
Cooling: Window Unit(s)
Fuel Type: None
Heating: None
Home Style: Colonial, Converted Dwelling
Lot Size: 0.15 Acres
Stories: 2.0
Taxes: $832
Year Built: 1974
Feature Descriptions
Additional Structures: Above Grade
Days on Site: 80
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
SQFT Above Finished: 2196
SQFT Total Finished: 2196
Structure Type: Detached
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
Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties
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Estimated Payment
$ 1,191.92 per month $1,061.37 Principal & Interest $69.33 Property Tax $61.22 Homeowner's InsuranceChange Payment Information
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2203 Ferndale Avenue | MLS# VAPC2000158
This single family home located at 2203 Ferndale Avenue, Petersburg, VA 23803 is currently listed for sale with an asking price of $209,900. This property was built in 1974 and has 3 bedrooms and 3 full baths with 2196 sq. ft. Ferndale Avenue is located within the PETERSBURG CITY PUBLIC SCHOOLS school district. Search Petersburg real estate on www.philrussellrealtor.com today.