120 New Street, Petersburg, VA 23803

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Sold Price
$199,000
List Price
$199,000
Days on Market
140
Closing Date
Apr 14, 2026
MLS#
CVR-2527956
Status
CLOSED
Type
Multifamily
Style
Two Story
Year Built
1941
County
Petersburg
Region
57 - Petersburg

Property Description

Motivated Seller! 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!

Additional Information

Acres
0.23
Living Area
1,960
Exterior Features
Paved Driveway
Elementary School
Westview
Middle School
Vernon Johns
High School
Petersburg
Roof
Composition, Shingle
Appliances
Electric Water Heater
Basement
Partial, Walk-Out Access
Taxes
$941

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Calculator source: Real Geeks

Listing courtesy of Hometown Realty. Selling Office: ERA Woody Hogg & Assoc.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .