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Petersburg, VA. 8-Unit Rental Portfolio 4 Multifamily Properties Offered at $1,286,663 CAD in Petersburg, VA
Investment Highlights
- 4- All Brick 2/2 Duplexes
- Workforce- Walmart, Amazon, Rolex, Fort Lee
- Close to Virginia State University
Executive Summary
Petersburg, VA. 8-Unit Rental Portfolio For Sale. This Portfolio consists of 4 Brick Duplexes, situated side by side in the City of Petersburg, Virginia. These Brick Duplexes are all 2-bedroom, 1-bath units and are approximately 1024 sq ft each. These are all right next to each other and close to downtown Petersburg, Old Town Petersburg, VSU, Fort Lee and the New Casino coming to town. The seller would like to sell them all to one buyer but will entertain selling 1 or more individually. All buildings are separately deeded properties. The current rental rate is $1050.00 per unit, with market rents running around $1250-$1500 per unit. Plenty of room for adding value to these units with cosmetic upgrades as well as capital upgrades. Don't waste any more time, call for additional information and schedule a showing today.
Taxes & Operating Expenses (Pro Forma - 2026) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$164,255
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$164,255
|
| Taxes |
$4,106
|
| Operating Expenses |
$14,783
|
| Total Expenses |
$18,889
|
| Net Operating Income |
$145,366
|
Taxes & Operating Expenses (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $164,255 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $164,255 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,106 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $14,783 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,889 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $145,366 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 635 Harding St, Petersburg, VA 23803 | Multifamily | 2,442 SF | 1916 | - |
| 631 Harding St, Petersburg, VA 23803 | Multifamily | 2,048 SF | 1916 | - |
| 705 Harding St, Petersburg, VA 23803 | Multifamily | 2,048 SF | 1916 | - |
| 709 Harding St, Petersburg, VA 23803 | Multifamily | 2,048 SF | 1916 | - |
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Petersburg, VA. 8-Unit Rental Portfolio
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