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Positioned for Profit in Petersburg!

1424 Montgomery Ave. Petersburg, VA 23803

Available for $85,000

Beds: 2

Bath: 1

Sqft: 768

Year Built: 1920

Taxes: $470/2023

0.08 Acre Lot

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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***​

 

This Petersburg property presents a promising opportunity! Offering public water and sewer, a covered front porch that enhances curb appeal, and a current month-to-month tenant paying $1,000 per month ensures immediate cashflow! Conveniently positioned near major interstates including I-85 and I-95, it offers easy access to nearby amenities. Perfect add to your rental portfolio or fix and flip for a profit!

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ARV: 185K

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ARV Comps:

1. 2 beds, 1 bath, 768 sqft - 2115 Dupuy Rd. Petersburg, VA 23803

Sold for $153,000 on 05/12/25

2. 2 beds, 1 bath, 800 sqft - 529 Selbon Ave. Petersburg, VA 23803

Sold for $184,900 on 05/07/25​​​​​

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​​​​​​​​Property Highlights:​​​

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  • Public Water & Sewer

  • Window Units

  • Rented Month to Month

  • Current Tenant is paying $1,000/Monthly

  • Covered Front Porch

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PID: 051-080020

Legal Description: WASHINGTON PK LT 94 PT 95

These deals are brought to you off market and are ONLY available to  CASH & HARD/PRIVATE MONEY LOANS that can CLOSE QUICKLY

*Assignment of Contract* All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents please add your commission to the sales price paid by the buyer.

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