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927 Farmer Street, Petersburg, VA 23803

$199,900
  • 927 Farmer Street, Petersburg, VA 23803 Main Photo

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Active Price Reduced by $50 on August 28th, 2026
BEDS0 BATHS SQUARE FEET1,758 MLS#2621772
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPillow

Property Description

Buy & Hold Investors - Great Duplex Opportunity in Petersburg, VA! Looking to add a solid cash-flowing property to your portfolio? Don't miss this fantastic duplex in the growing Petersburg market! This well-maintained 2-unit duplex features two 2-bedroom, 1-bath apartments. One unit is currently rented, while the second unit will be vacant at the end of the month, giving the new owner the flexibility to place a new tenant at current market rents or occupy the unit. Both apartments have a proven rental history and can comfortably generate $1,100 to $1,350 per month per unit, offering strong income potential. The property has been previously renovated and is in move-in ready condition, minimizing upfront capital expenses. Features include: -Two 2-bedroom, 1-bath units -Previously renovated interiors -Electric baseboard heat -Window A/C units -Strong rental demand in the area -Excellent opportunity for immediate cash flow and long-term appreciation Whether you're a seasoned investor or looking to purchase your first income-producing property, this duplex offers an affordable opportunity to build wealth through real estate. Schedule your showing today and see the potential this Petersburg investment has to offer!

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Home Style: Colonial, Two Story
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $1,360
Year Built: 1890

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 18
Exterior: Frame, Vinyl Siding
Fencing: None
Parcel#: 023-410023
Parking: Off Street
Patio/Porch: Front Porch
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: Petersburg
Middle School: Vernon Johns
Elementary School: Pleasants Lane

Listed By / Shown By

Listed By

Agency Name: Weichert Brockwell & Associate

Shown By

Agency Title: Napier Realtors ERA
Agency Phone: 804-794-4531

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Estimate Your Payment

Estimated Payment

$ 616.53 per month $444.89 Principal & Interest $113.33 Property Tax $58.30 Homeowner's Insurance

Change Payment Information

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