Property Description

Here is a great investment opportunity. Property consists of a five unit apartment building plus a three bedroom cottage. Always fully rented and conveniently located in downtown Petersburg. There is a bus to Pilgrims Pride that stops at this location. In 2022 the apartment received a new roof and the cottage had its metal roof painted. Two units pay their own electric and water. Four units have the utilities added in their rent. Water, sewer and trash are provided by the city of Petersburg. Electric is provided by Potomac Edison. A major refurbish was done in apartment 1 in 2024. A heat/air conditioner unit added to apartment 2 in 2024. The apartment has two, 2 bedroom units, two, 1 bedroom units and one studio. All appliances convey. There is an attic and a mostly full basement, plus a crawl space area. Situated on .37 acre lot. Has off street paved parking area.

Features
: Baseboard - Electric
: None
: Surface, Unassigned
: Public Sewer
: Electric Available, Water Available, Sewer Available, Multiple Phone Lines, Propane, Cable TV Available
: Vinyl, Hardwood
Address Map
US
WV
GRANT-WV
Petersburg
26847
VIRGINIA
103
AVENUE
W80° 52' 40.4''
N38° 59' 33.6''
1-5
104
From Moorefield stay on Rt 220 into Petersburg, road becomes Virginia Avenue. The apartment is right across the street from Pendleton Community Bank. Apartment is on the left about one block before the downtown traffic light. There is a sign in the yard.
Neighborhood
PETERSBURG
PETERSBURG
PETERSBURG
MLS Addon
Preferred Properties
Joan P Mace
Additional Information
2
: Public
: 2+ Access Exits
4262
Apartment Building,Other
: Frame, Brick, Copper Plumbing, CPVC/PVC
200+ Amp Service
1
: Stone, Other, Brick/Mortar, Slab, Crawl Space, Pilings
: Front Yard, Cleared, Road Frontage
6
2023-08-18
Financial
2585.0
Listing Information
2023-08-18T16:41:39Z
3033297
PRPT1
ACTIVE-BRIGHT
2025-01-08T06:14:57Z
Bright

103 VIRGINIA AVE #1-5,PETERSBURG,WV,26847,GRANT

103 VIRGINIA AVE #1-5,PETERSBURG,WV,26847,GRANT

0.37 Acre
$329,900
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Ref ID : 802206341136
Price : $329,900
View : Street,Other,City
Year Built : 1920
Lot Area : 0.37 Acre
Status : Active
Property Sub Type : Five Or More Units
Roof : Metal, Shingle, Other, Pitched
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