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120 New Street, Petersburg, VA 23803

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For Sale
Sale Pending

$219,950

1,960 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $112.22
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Turnkey duplex in the heart of Petersburg! This beautifully updated income-producing property offers two freshly renovated units. Each unit features separate utilities, fresh interior paint, new windows, and updated flooring. A new roof adds peace of mind and long-term durability. The bottom unit is currently rented for $1,350/month, and the top unit brings in $1,000/month, providing steady cash flow from day one. Outside, you'll find a large detached two-car garage with ample storage space. Conveniently located just minutes from downtown Petersburg's shops, restaurants, and interstates. Don't miss this opportunity to own a fully renovated, cash flowing duplex!
MLS# 2527956

Courtesy Of Hometown Realty Services

(804) 730-7195

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.23 Acres

Map and Directions

Directions to 120 New Street, Petersburg, VA 23803

Home seller CENTURY 21 Colonial Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Colonial Realty

(804) 526-5454
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.