125 S Chappell St - Multi-Family FOR SALE


Petersburg, VA 23803
$225,000 USD
804-366-0200
125 S Chappell St, Petersburg, VA for Sale
$225,000 USD
Multi-Family - FOR SALE
1/13
null | 14.02% Cap Rate

125 S Chappell St
Petersburg, VA 23803


HIGHLIGHTS

  • Turnkey rental property.
  • HVAC, Vinyl siding, New roof.
  • Positive cash flow rental property.

OVERVIEW

*Petersburg Best Buy* Super Duplex! Investors, don't let this one get away. We have a Super Duplex available in Petersburg. This is a Large Duplex, with 2232 sq ft of living space. Tax records say these are 2-bedroom units, but there is a nice 1st floor room that just needs a closet to be a legit 3rd bedroom. Property has vinyl siding and a new roof, HVAC and hard wood floors. There is a tenant in 1 unit that is moving out at the end of the year. Market rents for a 3-bedroom with HVAC run from $1500-$1800 or more. Property has 2 water meters and 2 electric meters. Minimal work needed, rent ready as it is. Property will be sold in as is condition and any inspections will be for informational purposes only. Don't wait, drive by and take a look today.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$101 USD /SF

# OF UNITS

2

PRICE/UNIT

$112,500

CAP RATE

14.02%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3/3 Duplex on S Chappell St.

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R-3

APN/PARCEL ID

029-05-0019

ASK ABOUT THIS PROPERTY

Matt SmithWeichert Realtors Brockwell & Associates.More Info
804-366-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matt SmithWeichert Realtors Brockwell & Associates.More Info
804-366-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.