Virginia
Petersburg
1227 Montgomery Ave

$149,990

1227 Montgomery Ave, Petersburg, VA 23803

3 beds |
1 bath |
980 sqft

Single-Family Home
Built in 1957
6,974sqft lot
—— car garage
$153/sqft
Listed 4 days ago

Property Description

Charming Ranch-Style Cottage in Petersburg- Investor Friendly Positive Cash Flow, Turnkey Rental – Day 1 Income This turnkey, positive cash flow property in Petersburg eliminates all that hassle – you’ll be making money from Day 1. Featuring 3 bedrooms, 1 bath, baseboard heating, and window A/C units, this home has been a steady income producer for several years. No, it’s not brand new – but that’s exactly what makes it a true investment property. It works hard, and it already pays. Tenant in place through April 2026 Rents at $1,299/month, current and up to date Sold as-is, with lease and tenants to convey Drive by today, see the location, and make your move. Located near shopping, dining, parks, and major roadways, this home makes everyday living easy and convenient.

Listing Status:: Active
Listing Office:: Samson Properties : (804) 430-9410
Listing Agent:: Nicole Lee : (804) 833-9962
MLS ID:: 2527642

General: Bedroom on Main Level
Appliances: Electric Water Heater
Basement: Crawl Space
A/C: None
Heating: Electric

Style: BungalowCottage
Pool: None

Roofing: Composition
General: Aluminum SidingDrywallFrameVinyl Siding1

Originating MLS: CVR
County: Petersburg

Zoning: WASHINGTON PK LT 11 PT LT 10 45X155046-230016
Fencing: None

Water: Public
Sewer: Public Sewer

Source: CVR
Ownership: CorporateCorporation

This listing courtesy of Nicole Lee, Samson Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Cool Spring Elementary School

1450 Talley Ave, Petersburg, VA, 23803

Grades KG-5

0.39 miles away

Vernon Johns Middle School

3101 Homestead Dr, Petersburg, VA, 23805

Grades 6-8

2.06 miles away

Petersburg High School

3101 Johnson Rd, Petersburg, VA, 23805

Grades 9-12

1.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.