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172 McKeever St - 2/2 Duplex-Petersburg, VA. 2 Unit Apartment Building Offered at $197,750 at a 13.36% Cap Rate Petersburg, VA 23803



INVESTMENT HIGHLIGHTS
- Like New 2/2 Duplex ready to Rent
- New carpet, new roof, new HVAC Vinyl siding- Low Maintenance
- Close to I-95 & I-85
EXECUTIVE SUMMARY
*Petersburg Best Buy*
READY to RENT - 1973 Built 2/2 Duplex in Beautiful Petersburg, Virginia. For Sale. This property in Vacant and has just been cleaned and made rent ready. Property was renovated not too long ago, has new roof, new carpet, vinyl siding, new HVAC, and has 2 off street parking spaces. Last rents were $1250.00 per month for each unit, $2500.00 monthly. Each unit is about 648 sq ft in size, has a living room, kitchen, 2 bedrooms and a bath. Property is close to old town Petersburg, I-95, I-84, VSU and Ft Lee.. Don't let this one pass you by. Drive by and take a look today.
READY to RENT - 1973 Built 2/2 Duplex in Beautiful Petersburg, Virginia. For Sale. This property in Vacant and has just been cleaned and made rent ready. Property was renovated not too long ago, has new roof, new carpet, vinyl siding, new HVAC, and has 2 off street parking spaces. Last rents were $1250.00 per month for each unit, $2500.00 monthly. Each unit is about 648 sq ft in size, has a living room, kitchen, 2 bedrooms and a bath. Property is close to old town Petersburg, I-95, I-84, VSU and Ft Lee.. Don't let this one pass you by. Drive by and take a look today.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$30,000
|
$23.15
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$30,000
|
$23.15
|
| Taxes |
$1,086
|
$0.84
|
| Operating Expenses |
$2,500
|
$1.93
|
| Total Expenses |
$3,586
|
$2.77
|
| Net Operating Income |
$26,414
|
$20.38
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $23.15 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $23.15 |
| Taxes | |
|---|---|
| Annual | $1,086 |
| Annual Per SF | $0.84 |
| Operating Expenses | |
|---|---|
| Annual | $2,500 |
| Annual Per SF | $1.93 |
| Total Expenses | |
|---|---|
| Annual | $3,586 |
| Annual Per SF | $2.77 |
| Net Operating Income | |
|---|---|
| Annual | $26,414 |
| Annual Per SF | $20.38 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Oven
- Carpet
- Breakfast Nook
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,250 | 648 |
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172 McKeever St - 2/2 Duplex-Petersburg, VA.
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