529 HARRISON ST Pending

Petersburg,VA 23803

$ 183500

- Bed

- Bath

2678 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,678 sqft

Price per Sqft $68

MLS Listing ID VAPC2000140

Style Traditional

Abv Grd Liv Area 2,678

Year Built 1906

Annual Tax Amount $828

Tax Year 2025

Property Sub-Type Triplex

Source BRIGHT

Property Description

This Multi-Unit/Triplex in the Poplar Lawn historic district is an investment opportunity you have been waiting for. 529, 530, 531 Harrison St. Totaling 2,678 sq. ft., this property features two levels on a corner lot, consisting of 3 one-bedroom units. This is your project for a long-term equity potential: PLUS a rental income for many years to come as you build your equity into the home. Adding a garage or a porch is permissible on the lot. Zillow metrics indicate that 39.6% of sales were over list price as of June 30, 2025, suggesting that Petersburg is a city where investors and homebuyers can capitalize on their future equity and profit potential. One strategy is for the owner to occupy one unit and generate additional rental income to build their savings for purchasing more multi-family properties to own, then REPEAT the process many times. Key features:

Location

State VA

County Petersburg City

Zoning R-3

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Water Access N

Roof Type Composite

Accessibility None

Garage N

Building

Above Ground Finished SqFt 2678

Sewer Private Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Walnut Hill

Middle Schools Vernon Johns Junior

High Schools Petersburg

School District Petersburg City Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source 2678

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

View More
Favorite Go Tour