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235 Grove Ave
Petersburg, VA 23803 Old Towne Petersburg

$279,950 USD

Apartments For Sale  •  5,072 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,072 SF
  • Lot Size 0.24 AC
  • Year Built 1800
  • Cap Rate 20.82 %
  • Zoning MXD2
30 Transit Score
60 Walk Score

Highlights

Historic Tax Credit Location/Building.
Close to VSU and Old Towne Petersburg.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $46,272 USD (2027)
Cap Rate: 20.82 %
Total Expenses: $6,528 USD

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.6 mi
AirportDriveWalkDistance
Richmond International 38 min - 28.5 mi
Matt Smith 804-366-0200 Weichert Realtors Brockwell & Associates.
Matt Smith 804-366-0200 Weichert Realtors Brockwell & Associates.