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640 Washington St
Petersburg, VA 23803
640 W Washington St. Historic Triplex · Multifamily Property For Sale
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3 Units
Investment Highlights
- Historic Tax Credit location
- Enterprise zone
Executive Summary
Historic opportunity in the sought after Folly Castle Historic District, located within the Petersburg Enterprise zone on W Washington St. Ideal for those buyers looking to capitalize on potential grants and tax incentives. Built in 1894, this 2519 sq. Foot Triplex offers 6 bedrooms, and 3 bathrooms on a spacious 8,650 square foot lot. Much of the interior has been gutted for renovation and restoration. Bring this historic property back to its original glory or reimagine it for the modern use. Priced to attract buyers ready to leverage historic and enterprise zone tax incentive. Investment potential, and future rental property for earning income and rental property portfolios.
Property Facts
| Price Per Unit | $59,527 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,519 SF |
| Sale Conditions | No. Stories | 2 | |
| No. Units | 3 | Year Built | 1894 |
| Zoning | R3 - R3 Single/Multi family residence | ||
| Price Per Unit | $59,527 CAD |
| Sale Type | Investment |
| Sale Conditions | |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,519 SF |
| No. Stories | 2 |
| Year Built | 1894 |
| Zoning | R3 - R3 Single/Multi family residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+3 | 3 | - | - |
Property Taxes
| Parcel Number | 023-19-0003 | Improvements Assessment | $51,013 CAD |
| Land Assessment | $12,582 CAD | Total Assessment | $63,595 CAD |
Property Taxes
Parcel Number
023-19-0003
Land Assessment
$12,582 CAD
Improvements Assessment
$51,013 CAD
Total Assessment
$63,595 CAD
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