Listed By:
Preferred Properties
Address
103 Virginia Avenue # 1-5, Petersburg, WV
Price
$ 349,900
Property Attributes
  • MLS#WVGT2000502
  • TypeCommercial
  • CountyGRANT
  • CityPetersburg
  • Zip26847
  • StyleApartment Building
  • Year Built1920
  • Taxes$ 2585
  • Price$ 349,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4262
  • Lot Size0.37 Acres
Data Source:
Bright MLS
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. All units are electric metered separately and have their own water meter service.. Water, sewer and trash are provided by the city of Petersburg. The rents could be adjusted upward as there have been no increases for a couple years. 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.

Price History
3/13/2023 Listed $369,000
1/3/2024 6% - $349,900

General Features

Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Utilities Electric Available,Multiple Phone Lines,Propane,Sewer Available,Water Available
Possession Coin w/Sell Sett
Roof Pitched,Shingle,Other,Metal
Zoning 104
Construction Materials Brick,Copper Plumbing,CPVC/PVC,Frame
Year Built 1920
Electric 200+ Amp Service
View Street,Other,City
Unit Number 1-5
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Apartment Building,Other
Accessibility 2+ Access Exits
County GRANT
New Construction No
Property Type Commercial Sale
Possible Use Apartments,Investment,Multi-Family
Water Access Y/N No
Property Use Investment
Transportation Airport less than 10 miles,Bus Stop less than 1 mile
Status ACTIVE
Directions 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 th
ModificationTimestamp 2024-03-07T09:06:06
City PETERSBURG
Buyer Agent Compensation 6
Disclosures Agent Related to Owner,Lead Based Paint - Federal
Total Units 6
Lot Size Square Feet 16104.00
Tax Assessed Value 193400.0
Waterfront Y/N No
Street Name VIRGINIA
Tax Annual Amount 2585.0
Property Condition Average
Price Per Sq Ft 82.1
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 415
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Flooring Hardwood,Vinyl,Tile/Brick
Hot Water 60+ Gallon Tank,Electric,Multi-tank
Total Stories 2
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No
Total Restrooms 6
Entry Level 1

Exterior Features

Parking Features Surface,Unassigned
Lot Features Cleared,Front Yard,Road Frontage
Water Source Public
Inclusions All 6 refrigerators,5 electric stoves and one gas stove.
Total Parking Spaces 6
Type of Parking Parking Lot
Land Use Code 004
Foundation Details Brick/Mortar,Crawl Space,Pilings,Slab,Stone,Other
Water View Y/N No
Building Area Total 4262.00
Lot Size Acres 0.37
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State
Land Assessed Value 24600.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 26847

Price
AVG $250K
$350K
Taxes
AVG $1,305
$2,585
Visits
AVG 52
78
Data Provided by Inside Real Estate®
Year Built
AVG 1925
1920

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