114 Shore ST Pending

Petersburg,VA 23803

$ 399000

- Bed

0 Bath

5324 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,324 sqft

Price per Sqft $74

MLS Listing ID 2529866

Style Two Story,Low Rise

Year Built 1920

Annual Tax Amount $2,203

Tax Year 2025

Lot Size 7,501 Sqft

Property Sub-Type Multi Family

Property Description

Endless potential in Petersburg's historic district! Nestled in the heart of Old Towne, this five-unit property offers the rare chance to own a piece of history while enjoying steady rental income. Four units are currently occupied, with one vacant (112A) thoughtfully available for viewing. Each residence offers its own character and comfort, featuring central air for year-round convenience and separate gas, electric, and water meters for ease of management. The roof was replaced in October 2024, providing peace of mind for years to come. With leases expiring between December 2025 and May 2026, investors will appreciate both stability and flexibility for future planning. Set on Shore Street, this property is just moments from Petersburg's growing restaurant and arts scene. Residents enjoy easy access to local favorites such as Trapezium Brewing, The Brickhouse Run, and the River Street Market. The nearby Appomattox River Trail invites morning jogs or evening strolls, while festivals and farmers markets fill the weekends with small-town energy and big-city spirit. Commuters appreciate proximity to major routes, including I-85, I-95, and Route 460, offering quick connections to Richmond, Fort Gregg-Adams, and surrounding areas. Whether you're looking to expand your investment portfolio or begin one with confidence, 114 Shore Street delivers location, income potential, and historic charm all in one. Come see why Petersburg continues to capture the attention of investors and residents alike, schedule your visit and experience this exceptional opportunity today!

Location

State VA

County Petersburg

Area 57 - Petersburg

Interior

Laundry Washer Hookup,Dryer Hookup

Exterior

Roof Type Composition,Shingle

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Drywall,Frame,Mixed,Plaster,Wood Siding

Schools

Elementary Schools Cool Spring

Middle Schools Vernon Johns

High Schools Petersburg

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