USAVAPetersburg1528-1526-1528 Lincoln St
Listing image | Image 1

1528-1526-1528 Lincoln St, Petersburg, VA

Real Estate

For Sale

Listed price in listed location currency (USD).
$185,000

000

MLS® 2617205

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1345 sqft
Garage No
Taxes $2,121
Days Active 1
Lot Size 0.12399999797344208 Acres
Approx. Age 1965
Avg. Price Per Sqft $137
MLS® Number 2617205

Property Address: 1528-1526-1528 Lincoln St, Petersburg, VA, 23803-5557

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOR OPPORTUNITY! Don't miss this income-producing duplex in the growing Petersburg market. This property offers the perfect combination of immediate cash flow and value-add potential. Unit 1526 is occupied by a long-term tenant on a month-to-month lease, providing flexibility for future rent adjustments, renovations, or future occupancy options. Unit 1528 has been refreshed with fresh paint and new carpet and is move-in ready, with a new tenant expected to occupy the unit soon. 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.
MLS® Number2617205
Laundry Level
Central VacNo
FireplaceNo
Acreage0.124
Exterior
GarageNo
Approx. Age1965
Basement
DrivewayDriveway, Off Street, Unpaved
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$185,000List Price
Oct 26, 2024End Date
$170,000Sold Price

Sold

Sep 17, 2024List Date
$195,000List Price
  • Commute

Commute

Starting Address
Destination Address
1526-1528 Lincoln St, Petersburg, VA

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