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Investment Highlights

  • 3 New Homes & 1 Renovation, 24-beds, 25- full baths.
  • Assisted living, group homes, rehab housing, many possible options.
  • Perfect for Short & Long Term rentals.

Executive Summary

Petersburg, VA Investment Portfolio – 4-Building Residential Package
Investors, now is the time to invest in Petersburg, Virginia! Take advantage of one of the area's most unique income-producing opportunities with this exceptional 4-building residential portfolio, offered as one complete package.
This portfolio consists of three brand-new construction buildings currently in the final stages of completion, along with one fully renovated home, creating an outstanding opportunity for investors seeking strong cash flow and multiple rental strategies.
Portfolio Highlights
-4 Buildings Total
-24 Bedrooms
-25 Full Bathrooms
Three New Construction Buildings
-Approximately 1,800 square feet each
-6 Bedrooms and 7 Full Bathrooms per building
-Every bedroom is designed with convenient access to a full bathroom, making these properties ideal for shared housing and specialty residential uses.
-Covered front porch
-Rear deck
-Privacy-fenced backyard compound
One Renovated Home
-6 Bedrooms
-4 Full Bathrooms
With an incredible 24 bedrooms and 25 full bathrooms, this portfolio was designed to maximize occupancy and rental income while providing exceptional flexibility for a variety of investment strategies.
Ideal Uses
These properties are well suited for:
-Assisted living homes
-Group homes
-Recovery and rehabilitation housing
-Veteran housing
-Student housing
-Workforce housing
-Short-term rentals
-Long-term rentals
Why Petersburg?
Petersburg continues to experience significant growth and redevelopment. Ongoing residential and commercial construction, expanding business investment, downtown revitalization, and the highly anticipated casino development are creating increasing demand for quality housing throughout the city.
This portfolio is positioned to capitalize on that demand by serving:
-Construction professionals
-Business travelers
-College students
-Medical and healthcare workers
-Residents seeking assisted living or recovery housing
-Long-term tenants looking for quality accommodations
The three newly constructed buildings are expected to be completed and ready for occupancy within 30 to 45 days, allowing investors to begin generating income shortly after closing.
Opportunities like this rarely become available. Whether you're expanding an existing portfolio, completing a 1031 exchange, or entering one of Virginia's fastest-growing rental markets, this one-of-a-kind package offers outstanding income potential and long-term appreciation.
All four properties are being sold together as one investment package, But, give us a call if you need just one.
Addresses: 601, 609, 613, 617 Cameron St., Petersburg, VA. 23803
Price: $1,340,000.00 for all 4, or $335,000.00 each.

Taxes & Operating Expenses (Actual - 2027)

Annual
Gross Rental Income $144,000
Other Income -
Vacancy Loss -
Effective Gross Income $144,000
Net Operating Income -

Taxes & Operating Expenses (Actual - 2027)

Gross Rental Income
Annual $144,000
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $144,000
Net Operating Income
Annual -

Property Facts

Price $1,340,000
Price / SF $482.19 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 2,779 SF
Total Land Area 0.79 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
601 Cameron St, Petersburg, VA 23803 Health Care 2,779 SF 1951 -
Show More > < Show Less
  • Listing ID: 40342011

  • Date on Market: 4/30/2026

  • Last Updated:

  • Address: Cameron Street Portfolio- 24 Beds, Petersburg, VA

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