Coming Soon! | Countdown to Closing Event | 3,808± SF Quadplex + Attic Potential | Minutes to VSU | 1134 W. Washington Street | Petersburg, VA | 23803 | Part 2 of 2 | Online Only

Details

1134 W. Washington Street, Petersburg, VA 23803

Prime investment opportunity in Petersburg, VA! This 3,808± SF quadplex, built in 1910, features (2) two-bedroom/1-bath units and (2) one-bedroom/1-bath units, with a large attic offering potential for a fifth unit. Located just 4 minutes from Virginia State University, 6 minutes from the I-95/I-85 interchange, and 30 minutes to Richmond International Airport, the property offers excellent access for tenants and investors alike. Perfect for rental income, long-term investment, or value-add opportunities, this quadplex combines historic charm with strong location advantages in a growing market.

• Quadplex with Flexible Unit Mix: (2)-Two BR/1BA & (2)-One BR/1BA
• Large Attic with Potential for a 5^th Rental Unit
• Prime Location near Virginia State University and Major Highways (I-95/I-85)
• Strong Investment Potential in a Growing Petersburg Rental Market
• Online Only Auction - Countdown to Closing Event - Being Sold in Part 2 of 2

Ideal For

Ideal for real estate investors, rental property owners, or renovation experts looking for a high-potential income property with flexible unit options and value-add opportunities

Auction Term Highlights and Bidder Requirements

• Auction Term Highlights
  • Registration Deposit: An initial deposit of $5,000 is required for bidder registration and approval to bid
  • Buyer’s Premium: A 10% buyer’s premium will be added to the highest bid to determine the purchase price
  • Settlement: Settlement must occur within 30 days of the sale. Time is of the essence
• Online Bidder Requirement
  • All bidders MUST register and submit the initial deposit no later than 24 hours prior to the sale

Important to Note

• All sales are AS-IS, WHERE-IS and WITH ALL FAULTS
• All bidders are encouraged to conduct their own due diligence regarding the property prior to bidding
• The terms and conditions presented at the time of the sale supersede any prior or other terms and conditions related to this sale

Financial Lender Recommendations

• Ashley Howell (First Bank & Trust Company)
  • ahowell@firstbank.com
  • 540-421-6732
• Lindy Pond (Consistent Capital)
  • lindy@consistentcapital.com
  • 804-647-7866
• Briana Sparrow (Atlantic Bay Mortgage Group)
  • brianasparrow@atlanticbay.com
  • 804-878-0509
• Megan Rodgers (Farm Credit)
  • mrodgers@FCVirginias.com
  • 434-956-1139
• Mike Krumbein (Richmond Mortgage Inc.)
  • mike@richmondmortgageinc.com
  • 804-240-9314

Call Carly Hancock at 804-335-9994 or chancock@motleys.com