730 Wilson Street

Petersburg, VA 23803

Have you ever wanted to wanted to own real estate while simultaneously making it an income producing property? Perhaps to lower the burden of owning a home? What if you knew this property was an ideal house hack? Or perhaps you're an experienced and sophisticated investor looking to purchase a new property before the end of the year for tax purposes? Or even contemplating a 1031 exchange? Potentially looking to scale from single family housing to multifamily housing. If any of these sound like you - then welcome to Wilson St. where your new home can produce money, lower your tax liabilities & also provide debt paydown all while offering a low capex due to this property being entirely turn key. Wilson street has been entirely renovated with permits. A brand new roof was installed along with low maintenance vinyl siding & vinyl thermal windows. Each unit is separately metered for electricity. Inside, the property features a first floor bedroom, full first floor bathroom & brand new kitchen flaunting new white appliances (all electrical), chic white cabinetry & fantasy brown stone countertops. The water heater, heating & cooling system (heat pump) & electrical wiring + plumbing are also all brand new. Inside, the entire unit has had luxury vinyl plank water proof flooring throughout with 12 mm backing (more durable). Fresh painted walls expand entirely throughout the unit. Upstairs, you have 2 additional sizeable bedrooms, a full size bathroom & a well allocated washer & dryer closet area with shelving. The unfinished attic offers more storage space - and don't forget all of the newly installed insulation up there (along with exterior walls & crawlspace). The rear yard is private and is accessible through your new front steps. Back up front, you can unwind on your new front porch, perfect for winding down. With Fort Greg Adams so close, and the home also being located within an opportunity zone - one should consider the variety of conventional (and non qualifying) mortgage products available in today's marketplace.

This is an Active listing.

Broker Office Phone Number: 804-729-5188

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