Petersburg, VA 23803 225 N South Street
$1,850,000
7 more
Presented By: Antonino Evola with EXP Realty LLC.
- MLS# 2514145
- 05/20/2025
- SQFT • 7,800
- Garage • 2
SQFT • 7,800
Garage • 2Home Details
This 11unit, multi-use rental property is located in Petersburg, VA in Old Town. The apartment complex is a fully gated, conglomeration of 4 buildings. 225 N South St. Features 7 units with a mix of 1bd and 2bd options. 225 is newly constructed and expected to have occupancy permits within the next month.217 N South St. is a 2-unit duplex and is fully rented and renovated as of 2017. 221 N South St. is currently used as a contractors office with an attached garage. This space is built out with a kitchen, bedroom, and a bath. 219 is warehouse space and currently rented out and operated as a cabinet shop. 219 N South St. presents value add potential and can be built out into an additional 8-units. The same builder is available to do your build out and has drawings ready to go. The luxury apartments in this area have above 95% occupancy. These luxury apartments stick out in the area and do not disappoint.
Presented By: Antonino Evola with EXP Realty LLC.
Interior Features for 225 N South Street
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
General for 225 N South Street
Additional Parcels Y/NNo
Architectural StyleTwoStory, LowRise
Attached Garage Yes
Carport Y/NNo
Construction MaterialsBrick, Block
CountyPetersburg
DisclosuresFamilialRelation, SellersDisclosureNotAvailable
Electric On Property Y/NNo
Elementary SchoolPleasants Lane
Full Baths
Garage Spaces2.0
Garage Y/NYes
HOANo
High SchoolPetersburg
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size UnitsAcres
MLS Area57 - Petersburg
Middle/Junior High SchoolVernon Johns
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total0
Occupancy TypeTenant
OwnershipPartnership
Ownership TypePartnership
Property Attached Y/NNo
Property SubtypeMultiFamily
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameNone
Tax Annual Amount3107.69
Tax Assessed Value244700
Tax Year2023
Year Built2019
Year Built DetailsRenovated
Zoning DescriptionB-2
Exterior for 225 N South Street
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3647
Lot Size Area0.3647
Open Parking Y/NNo
Parking FeaturesAttached, Garage
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Petersburg High School
Middle School
Vernon Johns Middle School
Elementary School
Pleasants Lane Elementary School
David Riley
Associate