1526-1528 Lincoln ST Petersburg, VA 23803
1,345 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,345 sqft
Price per Sqft $137
Subdivision Western Hills
MLS Listing ID 2617205
Style Ranch
Construction Status Approximate
HOA Y/N No
Year Built 1965
Annual Tax Amount $2,120
Tax Year 2025
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Duplex
Property Description
Each unit features 2 bedrooms and 1 bathroom with separate entrances, making this an ideal addition to any rental portfolio. While the property could benefit from additional updates, it presents an excellent opportunity for investors to build equity and increase future cash flow through strategic improvements. The existing tenant occupancy and upcoming lease-up provide a strong foundation for immediate and future income potential.
Conveniently located near Downtown Petersburg, Virginia State University, Fort Gregg-Adams, shopping, dining, major employers, and easy access to I-95. Whether you're looking to expand your investment portfolio, house hack, or reposition an asset for stronger returns, this duplex offers both current income and upside potential.
Property is being sold AS-IS. Seller will make no repairs. Inspections are for informational purposes only. Bring your vision and take advantage of this opportunity to acquire a cash-flowing multifamily property in a growing rental market.
Location
State VA
County Petersburg
Community Western Hills
Area 57 - Petersburg
Exterior
Exterior Feature Unpaved Driveway
Fence None
Roof Type Composition
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Aluminum Siding,Drywall,Frame
Construction Status Approximate
Schools
Elementary Schools Cool Spring
Middle Schools Vernon Johns
High Schools Petersburg
Others
Tax ID 046-220003
Ownership Corporate
Special Listing Condition Corporate Listing
