427 South Adams Street

Petersburg, VA 23803

$65,000
Price
2
Beds
1
Bath
976 Sq. Ft.
$67 / Sq. Ft.
976
Sq. Ft.
$67
per Sq. Ft.

Property Details for 427 South Adams Street

StatusActive
MLS #1933563
Year Built1939
DOM7
Compass TypeSingle Family
MLS TypeSingle Family / Detached
Lot Size0.09 AC / 3,750 SF
Taxes$660 / year
Condo/Co-op Fees-
HOA Fees-
CountyPetersburg city

Listing Agent

Susan A Haas

Joyner Fine Properties

susan.haas@joynerfp.com

P: (804) 349-5788

Contact Agent(s)

Property Details for 427 South Adams Street

Post Office
Petersburg
Area
57 - Petersburg
Subdivision
None
Zoning
R-3
Style
Cottage/Bungalow
Waterfront
No
Basement
No

Description

Adorable Renovated 2 bedroom, 1 bath Bungalow- Tenant pays $750/mon rent for $6,840/yr net income. This property is sold individually or as part of a 10.5% Cap Rate Portfolio of 53 Properties located in Downtown Petersburg area and including 12 multi-family, 37 single-family, 2 commercial and 2 vacant lots at Va. State University, Fort Lee military base, multiple industrial companies, such as tobacco companies, Walmart distribution and Amazon.com in neighboring Dinwiddie County provide a stable and... growing tenant base and opportunity to increase rents with cosmetic improvements. Petersburg is located on the Interstate 95 corridor is experiencing rapid population growth and development. With existing Amtrak daily northeast regional connection and the planned east coast light-rail system Petersburg is more accessible and an affordable option.

Location

Listing Courtesy of Joyner Fine Properties, Susan A Haas

Building Information for 427 South Adams Street

Stories1Year Built1939Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$289 per month

30 year fixed, 3.51% Interest

Principal and Interest

$234

Property Taxes

$55

HOA Dues

$0

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Property Information for 427 South Adams Street

Summary
    Location and General Information
  • Comments Reviews: Yes
  • Elementary School: Walnut
  • Middle School: Peabody
  • High School: Petersburg
  • Neighborhood Name: Myers
  • Postal Code Plus 4: 5101
    Parking
  • Garage: No
    Taxes and HOA Information
  • Association: No
  • Tax Year: 2018
Property
    Lot Information
  • Acres: 0.0861
  • Assd Improved: $44,000.00
  • Assd Land: $4,900.00
  • Assd Total: $48,900.00
  • Lead Disclosure: Office
  • Parcel Number: 022-380023
  • Sq Ft Source: Per Tax
    Property and Assessments
  • AVM: Yes
  • Disclosures: Office
  • Legal Description: 25X150
  • LP Sq Ft: 66.6
  • Num Levels: 1
  • Num Rooms Entered: 4
  • Possession: At Closing
  • Street View Param: 1$37.221347$-77.39909499999999$25.50$13.33$1.00$N5NAi34J5IbadPxdHO0egA
  • Year Blt Desc: Actual
    Utilities
  • Heat Fuel: Natural Gas
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Water: Public Water
Interior and Exterior Features
    Exterior Features
  • DP Resource: No
  • Golf Frontage: No
  • Pool: No
  • Roof: Metal
  • Siding: Vinyl
  • Structure: Frame
    Interior Features
  • Attic: Access Panel
  • Cooling: Central Air
  • Full Bath Bsmt: 0
  • Full Bath Level 1: 1
  • Full Bath Level 1 Desc: Tub & Shower
  • Full Bath Level 2: 0
  • Full Bath Level 3: 0
  • Half Bath Bsmt: 0
  • Half Bath Level 1: 0
  • Half Bath Level 2: 0
  • Half Bath Level 3: 0
Agent
    Showing and Remarks
  • Owner Agent: No

Property History for 427 South Adams Street

DateEvent & SourcePriceAppreciation
Oct 7, 2019Listed (Active)

CVRMLS #1933563

$65,000
DateEvent & SourcePrice
10/07/2019
Listed (Active)

CVRMLS #1933563

$65,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 427 South Adams Street

Taxable ValueLand$4,900Additions$44,000Total$48,900
Tax Record2018$660
Home Facts
Beds2Baths1Finished Sq.Ft.977 SqFtStories1Lot Size3,750 SqFtStyleSingle Family ResidenceYear Built1939ZoningR-3

Schools near 427 South Adams Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St. Joseph SchoolPrivatePK-80.6 mi
NR
Blandford Manor Education CenterPrivateK-120.6 mi
NR
Peabody Middle SchoolPublic6-70.7 mi
2
I. B. Pittman Vocational CenterPublic0.8 mi
NR

St. Joseph School

PK-8, 0.6 mi, Private

NR

Blandford Manor Education Center

K-12, 0.6 mi, Private

NR

Peabody Middle School

6-7, 0.7 mi, Public

2

I. B. Pittman Vocational Center

0.8 mi, Public

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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427 South Adams Street is a single family home for sale in Petersburg, VA 23803. This property was listed for sale on October 7, 2019 by Joyner Fine Properties at $65,000. Nearby schools include J.E.B. Stuart Elementary School, St. Joseph School and Blandford Academy. 427 South Adams Street is a 2-bed, 1-bath, 976 sqft single family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Joyner Fine Properties, Susan A Haas
Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright 2019 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Last Updated: 10/12/2019 10:08 PM