927 Farmer Street, Petersburg, VA 23803

Local realty services provided by:CENTURY 21 Realty @ Home
927 Farmer Street,Petersburg, VA 23803
$194,950
  • - Beds
  • - Baths
  • 1,758 sq. ft.
  • Multi-family
  • Active
Listed by: matt smith, kenneth byers
Office: weichert brockwell & associate
MLS#:2626969
Source:RV

Price summary

  • Price:$194,950
  • Price per sq. ft.:$110.89

About this home

PETERSBURG DUPLEX BEST BUY – LIVE IN ONE UNIT, RENT THE OTHER! 927 Farmer St., Petersburg, VA 23803 – $199,950 FIRST-TIME HOMEBUYERS – WHY RENT WHEN YOU CAN OWN A DUPLEX AND HAVE YOUR TENANT HELP PAY YOUR MORTGAGE? Here is your opportunity to become a homeowner AND a landlord! This previously renovated Petersburg duplex features two 2-bedroom, 1-bath apartments, both vacant and ready for occupancy. LIVE IN ONE UNIT AND RENT THE OTHER FOR AN ESTIMATED $1,200 PER MONTH! LOOK AT THESE ESTIMATED FHA FINANCING NUMBERS: Purchase Price: $199,950 FHA Down Payment (3.5%): Only $6,998 Interest Rate: 7.75% Fixed for 30 Years Estimated Monthly Mortgage Payment: $1,848, including estimated taxes, homeowners insurance, and FHA mortgage insurance Rental Income From Second Apartment: $1,200 Monthly YOUR ESTIMATED NET HOUSING PAYMENT: JUST $648 PER MONTH! THAT'S RIGHT! YOU COULD OWN YOUR OWN HOME FOR AN ESTIMATED $648 PER MONTH AFTER RENTAL INCOME! This historic...

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Home facts

  • Year built:1890
  • Subdivision & Development:Pillow
  • Listing ID #:2626969
  • Added:23 day(s) ago
  • Updated:October 25, 2026 at 02:50 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:1,758 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1890
  • Building area:1,758 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Colonial, Two Story
  • Construction Materials:Drywall, Frame, Vinyl Siding
  • Exterior Features:Front Porch
  • Levels:Two, Two Story

Schools

  • High school:Petersburg
  • Middle school:Vernon Johns
  • Elementary school:Pleasants Lane

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$194,950
  • Price per sq. ft.:$110.89
  • Tax amount:$1,360 (2025)

Features and amenities

  • Appliances:Electric Water Heater

Parking

  • Parking description:Off Street, On Street
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