1887 Arch St, Petersburg, VA 23805

$160,000 Asking Price

2 beds
1 bath
1,443  sqft
Built in 1947

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.


Features & Amenities

Interior

General:
Dining Area
Appliances:
Electric Water Heater
Laundry:
Washer Hookup,Dryer Hookup
Flooring:
Wood
A/C:
true, Central Air
Heating:
true, Electric,Oil
Fireplace:
Masonry, Fireplace, Fireplaces: 1

Exterior

General:
Out Building(s), Outbuilding
Style:
Cape Cod
Other Structures:
Outbuilding
Pool:
None
Parking:
Detached,Garage,Oversized,Two Spaces,Shared Driveway,On Street

Construction

Roofing:
Shingle
General:
Drywall,Frame,Wood Siding, 2

Location

Originating MLS:
CVR
County:
Petersburg

Lot

Zoning:
WALNUT HILL ADDITION LTS 9-10 BK 20, 054280004
Fencing:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CVR
Ownership:
Individuals, Sole Proprietor
Buyers Agent Compensation:
2.50

This listing courtesy of:
United Real Estate Richmond, Denise Jones

About Petersburg, VA

Housing

Number of Units
28,167
Median Home Value
$159,465
Median Rent
$768

47.88% of housing units are renter occupied.

11.65% are vacant.

Commute

Car
81.33%
Public Transportation
1.90%
Walk to Work
2.12%
Work from Home
13.46%
Other
1.16%

The median travel time to work is 23 minutes.

People

Population
62,279
Median Age
38.70
Median Household Size
2.55

Education

High School
34.27%
Associate’s Degree
8.44%
Bachelor’s Degree
13.31%
Graduate Degree
8.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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