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520 Elm Street, Petersburg, VA 23803 (MLS # 2505697)

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PRICE $64,500 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 28,463 sqft

**Prime Buildable Lot in Growing Petersburg Area!** Discover an exceptional investment opportunity with this 0.65-acre buildable lot, ideally located in a rapidly developing area. Previously zoned for a triplex, this property is currently classified as 300 Multi-Family, offering endless possibilities for your next project. With water and sewer services already on site, you can hit the ground running on your development plans. The area is bustling with new construction and beautifully renovated homes, making this the perfect time to capitalize on the growth surrounding you. Imagine the potential to subdivide this lot and create multiple homes, or build a multi-family residence to meet the increasing housing demand. The possibilities are truly limitless! Conveniently situated close to Downtown Petersburg and major highways, this location provides easy access to all the amenities and attractions the city has to offer. Don't miss out on this rare opportunity to own a prime piece of real estate in a thriving community. Take a look at this lot and envision the potential it holds. **Note:** Purchaser is responsible for verifying all taxes, land usage, lot dimensions, development fees, and conducting a survey during their due diligence period. Seize this chance to invest in your future today!

DAYS ON MARKET 48 LAST UPDATED 3/11/2025
TRACT None YEAR BUILT 0
COMMUNITY 57 - Petersburg COUNTY Petersburg
STATUS Pending PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Pleasants Lane
Jr. High School Vernon Johns
High School Petersburg


ADDITIONAL DETAILS
AREA 57 - Petersburg
LOT 0.6534 acre(s)
SEWER Public Sewer
SUBDIVISION None
TAXES 187.96
UTILITIES Water Connected, Natural Gas Not Available, Electricity Available
WATER Public
ZONING R-2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Swell Real Estate Co

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 ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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

Last Updated: 4/23/25 8:46 PM PDT

This IDX solution is (c) Diverse Solutions 2025.

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