120 New Street, Petersburg, VA 23803

Petersburg
Local realty services provided by:ERA Real Estate Professionals
120 New Street,Petersburg, VA 23803
$199,000
  • - Beds
  • - Baths
  • 1,960 sq. ft.
  • Multi-family
  • Pending
Listed by: william coalson
Office: hometown realty
MLS#:2527956
Source:RV

Price summary

  • Price:$199,000
  • Price per sq. ft.:$101.53

About this home

Motivated Seller! Turnkey duplex in the heart of Petersburg! This beautifully updated income-producing property offers two freshly renovated units. Each unit features separate utilities, fresh interior paint, new windows, and updated flooring. A new roof adds peace of mind and long-term durability. The bottom unit is currently rented for $1,350/month, and the top unit brings in $1,000/month, providing steady cash flow from day one. Outside, you’ll find a large detached two-car garage with ample storage space. Conveniently located just minutes from downtown Petersburg’s shops, restaurants, and interstates. Don't miss this opportunity to own a fully renovated, cash flowing duplex!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1941
  • Listing ID #:2527956
  • Added:149 day(s) ago
  • Updated:March 07, 2026 at 08:35 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Partial, Walk-Out Access
  • Living area:1,960 sq. ft.

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1941
  • Building area:1,960 sq. ft.
  • Lot area:0.23 Acres
  • Architectural Style:Two Story
  • Construction Materials:Frame, Wood Siding
  • Levels:Two, Two Story

Schools

  • High school:Petersburg
  • Middle school:Vernon Johns
  • Elementary school:Westview

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$101.53
  • Tax amount:$941 (2023)

Features and amenities

  • Appliances:Electric Water Heater

Parking

  • Parking description:Detached, Driveway, Garage, Oversized, Paved, Paved Driveway, Storage
  • Garage:Yes
  • Garage spaces:2
MLS LogoThe information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

New listings near 120 New Street