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1887 Arch Street

Petersburg, VA 23805

2 beds
1 bath
1,443 sqft
7,802 sqft lot
$121 per sqft
1947 build
– on site

Welcome to this charming Cape Cod house in the heart of Walnut Hill Addition in Petersburg. A diamond in the rough for savvy investors and DIY enthusiasts alike! Located in a desirable neighborhood, this property offers immense potential for those with a vision for transformation. This home features 2 bedrooms, 1 bathroom, oversized garage, unfinished attic space ready for expansion: potential for 2 additional bedrooms and 1 bathroom. Priced as an investor's special, this property is being sold as-is, providing a blank canvas for customization and renovation. While the house requires some TLC and updates, its inherent charm shines through, offering a unique opportunity to create a personalized dream home. Imagine turning the expansive attic space into a master suite, additional bedrooms, or a versatile home office. With creativity and effort, the possibilities are endless. The oversized garage adds value and convenience, providing ample space for parking, storage, or even a workshop. Located in a sought-after area of Petersburg, this property offers proximity to schools, parks, shopping, and dining, enhancing its appeal for potential buyers or renters. Don't miss out on this rare chance to invest in a property with endless potential. Whether you're seeking a fixer-upper project or looking to expand your real estate portfolio, this Cape Cod house is ready to be transformed into a remarkable home. Schedule a showing today and unleash the possibilities! Home is being sold AS-IS where is.

Listing courtesy of CVRMLS / United Real Estate Richmond

Last checked: Checking… • Last updated Apr 15, 2024 •

MLS# 2408676 —

The Building

Year Built:

1947
Year Built Details:

Actual
New Construction:

false
Construction Materials:

Drywall,Frame,WoodSiding
Architectural Style:

CapeCod
Roof:

Shingle
Exterior Features:

OutBuildings
Door Features:

StormDoors
Basement:

false
Levels:

Two
Stories Total:

2
Stories:

2
Building Area Source:

Assessor

Interior

Interior Features:

DiningArea
Flooring:

Wood
Fireplace:

true
Fireplace Features:

Masonry
Fireplaces Total:

1
Laundry Features:

WasherHookup,DryerHookup

Room Dimensions

Living Area:

1443.0
Living Area Source:

Assessor

The Property

Parcel Number:

054280004
Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Subtype Additional:

SingleFamilyResidence
Property Condition:

Resale
Property Attached:

false
Lot Size Acres:

0.1791
Lot Size Area:

0.1791
Lot Size Units:

Acres
Fencing:

None
Other Structures:

Outbuilding
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

1613.0
Tax Assessed Value:

127000
Tax Legal Description:

WALNUT HILL ADDITION LTS 9-10 BK 20

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Full Baths:

1

The Listing

Buyer Agency Compensation:

2.50
Buyer Agency Compensation Type:

Item1
Buyer Brokerage Compensation:

2.50
Buyer Brokerage Compensation Type:

Item1

Heating & Cooling

Cooling:

CentralAir
Cooling:

true
Heating:

Electric,Oil
Heating:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

ElectricWaterHeater

Schools

Elementary School:

Walnut Hill
Middle Or Junior School:

Vernon Johns
High School:

Petersburg

The Community

Subdivision Name:

Walnut Hill Addition
Pool Features:

None

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

1.0
Parking Features:

Detached,Garage,Oversized,TwoSpaces,SharedDriveway,OnStreet

Monthly cost estimate

Asking price

$175,000

Expense	Monthly cost
Mortgage	$937
Taxes	$134
Insurance	$48
Utilities	$178 See report
Total	$1,297/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

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Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/8/24 Apr 8, 2024	Listed / Active	CVRMLS	$175,000

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This house located in Petersburg, VA 23805 is currently for sale for $175,000. 1887 Arch Street is a 1,443 square foot house with 2 beds and 1 bath that has been on Estately for 23 days. This house is in the attendance area of Vernon Johns Junior High School and Petersburg High School.

Listing Courtesy of: CVRMLS and United Real Estate Richmond.

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted complication of Listings. All CVRMLS information is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.