124 W Bank Street, Petersburg, VA 23803
Local realty services provided by:ERA Real Estate Professionals
124 W Bank Street,Petersburg, VA 23803
$399,000
- - Beds
- - Baths
- 2,905 sq. ft.
- Multi-family
- Active
Listed by: casey toney
Office: kw metro center
MLS#:2532217
Source:RV
Price summary
- Price:$399,000
- Price per sq. ft.:$137.35
About this home
YOU. WILL. NOT. FIND. ANOTHER. LIKE. THIS!!!! Positioned in the heart of downtown, Old Towne Petersburg. This building was originally built in 1820 and the opportunities that come with this property are ENDLESS... currently zoned B-3 (as it was originally a Triplex, it is now being utilized as a Duplex) Retail AND Residential equipped. THIS BUILDING COMES WITH A ROOFTOP TERRACE AND AN ATTACHED GARAGE (garage space could easily be turned into third unit since it's zoned as such). It also has dedicated parking on the paved parking lot in the back AND is directly adjacent to Bartow Alley, which also has a parking lot on the other side. The roof was replaced 6 months ago with thermoplastic polyolefin, along with the second floor HVAC (2025), and fully water proofed basement with a second sump pump for added peace of mind. There is direct access from the attached garage to the first level unit... perfect for some one looking to move into the bottom unit and rent out the top (the entrances are completely separate and have their own mailbox/metered utilities). The HVAC in the bottom unit was replaced in 2021. The exposed brick runs throughout both units and the entrance to the rooftop terrace is off of the second floor living/dining room area. Each unit is currently 1 BR, and 1 BATH but the downstairs unit is massive and there is plenty of room to add a second bedroom OR put up a divider and use the space in the front as it was originally intended as a storefront! Although this property is perfect for investors/mixed use, IT DOES NOT REQUIRE any rehabilitation and is in impeccable condition; MOVE IN READY!!!
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Home facts
- Year built:1820
- Listing ID #:2532217
- Added:49 day(s) ago
- Updated:February 24, 2026 at 07:59 PM
Rooms and interior
- Living area:2,905 sq. ft.
Structure and exterior
- Roof:Built-Up, Pitched
- Year built:1820
- Building area:2,905 sq. ft.
- Lot area:0.07 Acres
Schools
- High school:Petersburg
- Middle school:Vernon Johns
- Elementary school:Pleasants Lane
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$137.35
- Tax amount:$3,087 (2023)
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