Twitter
Facebook
Email
|
CALLING ALL INVESTORS! Perfect fix and flip opportunity in Meadow Brook Farm! This 1950 brick ranch has been completely gutted and is READY FOR YOUR VISION with all the preliminary work already completed. The property features approved building plans for a substantial owner's bedroom addition, increasing the total living space to approximately 1,238 sq. ft. and creating a desirable 3-bedroom, 2-bath layout when completed. Skip the permitting headaches - building permit is ALREADY APPROVED by the City of Petersburg! The partial unfinished basement offers additional potential for added value. Situated on a generous 0.26-acre lot with both front and back yard space, this property provides excellent curb appeal potential in an established neighborhood. The home features public water and sewer connections, central air, and electric heating. With a current assessment of only $44,900 and annual taxes of just $340, your investment dollars stretch further here! Location offers excellent accessibility - just minutes from I-95 (exit 52) and convenient to downtown Petersburg. Complete package includes approved drafting floor plan, survey, engineer-approved inspection documents, and existing permits - all transferring to the new owner. This property is being sold "WHERE IS-AS IS" and represents an exceptional opportunity to complete a renovation project with much of the preliminary work and approvals already in place. Don't miss this opportunity to maximize your ROI on a property with excellent bones in a stable neighborhood. Submit your offer today!
| DAYS ON MARKET | 2 | LAST UPDATED | 4/15/2025 |
|---|---|---|---|
| TRACT | Meadow Brook Farm | YEAR BUILT | 1950 |
| COMMUNITY | 57 - Petersburg | COUNTY | Petersburg |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Walnut Hill |
|---|---|
| Jr. High School | Vernon Johns |
| High School | Petersburg |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 57 - Petersburg |
| BASEMENT | Dirt Floor, Partial, Unfinished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| HEAT | Electric |
| LOT | 0.264 acre(s) |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Meadow Brook Farm |
| TAXES | 340.36 |
| WATER | Public |
| ZONING | R-3 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Baker
Ellett to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Real Broker LLC
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: 4/15/25 9:57 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
