1227 Montgomery Ave, Petersburg, VA 23803
- Beds
- 3
- Bath
- 1
- Sqft
- 980
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Overview
TURN-KEY READY PROPERTY! Rental or Move in. This home is also great for a starter home with plenty of character, this offers value and opportunity. Other New Build Properties on the street showing signs of renovation. Great opportunity and price point for any investor, buyer, and entrepreneur for person or business to start that investment property.
Charming 3- bedroom, 1-full bath offering approximately 980 square feet in an established and quiet neighborhood. This cozy property features spacious living room, and kitchen with lots of natural sunlight. Offers on street and gravel driveway, with excellent potential for both homeowners and investors alike. At this price, you are not going to find many turn-key and ready to move in locations. Affordable opportunity with rental income potential of approximately $ 1450.00 a month. Functional layout in need of person to come in and continue to improve and invest in. Whether you are looking for your next investment, full time live in, or rental turn-key property ready to build your portfolio. This property also rents more than possible investment/ 1% cap renter rule. This home is also great for a starter home with plenty of character, this offers value and opportunity. Back yard is 155 feet long and has previous stone slab foundation for your next shed project, and some extra room in the back that can be used for other additional projects, such as garage, shed, greenhouse, or just the space to stretch out.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 3
- Number of bathrooms
- 1
- Square feet
- 980
- Lot size (acres)
- 0.16
- Year built
- 1957
Utilities
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $1,244.60
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Central Virginia Regional MLS MLS®#: 2619147 Last checked: …

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