Price: $158,950
Beds: 3
Baths: 1
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.54
Lot Size SqFt: 23,400
Year Built: 1955
Neighborhood: Timberly Heights
Days on Website: 19

Courtesy of Xtreme Homes Realty

Property Description

$10K+ PRICE IMPROVEMENT! Wow! Opportunity knocks for savvy buyers & investors! This charming 3-bedroom, 1-bath home offers comfort, convenience, & value all in one package. This rare all-brick ranch on a level half-acre lot with mature trees, ample off-street parking, & prime location offers strong rental potential, room to grow, fix & Flip, & is priced to move. Located just minutes from Fort Gregg-Adams & downtown Petersburg, this 3-bedroom, 1-bath ranch blends convenience, charm, & community. Quick access to I-85 & I-95 places Richmond, Hopewell, & surrounding areas within easy reach. Dining & shopping is less than 10 minutes away. Set on a generous lot in a quiet, manicured neighborhood, the property offers mature trees, a fenced backyard, & a long driveway with ample off-street parking for multiple vehicles & guests. The detached shed is perfect for storage. Less than half a mile from Fort Gregg-Adams, it’s ideal for military personnel, contractors, & relocation professionals. Also nearby is Virginia State University, a strong draw for faculty, staff, & student housing investors. Inside, natural light fills rooms with original hardwood floors, a dedicated dining space, & a cozy brick fireplace. Updated by a previous owner, the home features replacement windows (2007), heat pump (2010), central air (2010), & a roof 5 years new. The kitchen offers ample cabinetry, appliances that convey, & a layout ready for your vision. A rear deck invites evening gatherings overlooking the spacious backyard. Picture summer barbecues under mature trees, kids or pets enjoying the fenced yard, & the convenience of abundant off-street parking. For investors, the location promises rental demand from nearby military & university tenants, projected rents of $1200-$1400 per month depending on updates, & potential to explore a detached garage. Strategically priced to reward vision & speed, offering a rare combination of location, charm, & equity-building potential.

Open House

Property Details and Features

  • Bathrooms
  • Bathrooms Total Integer: 1
  • Building
  • Below Grade Finished Area: 0
  • Construction Materials: Brick,Block,Drywall
  • Living Area Source: Assessor
  • Rooms Total: 8
  • Exterior Features
  • Patio And Porch Features: Deck
  • Interior Features
  • Interior Features: DiningArea,LaminateCounters
  • Listing
  • Ownership Type: Partnership
  • Ownership: Partnership
  • Location
  • County Or Parish: Petersburg
  • Lot
  • Parcel Number: 036-080005
  • Parking
  • Parking Features: Driveway,OffStreet,Unpaved
  • Possession
  • Possession: CloseOfEscrow
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Taxes
  • Tax Annual Amount: $1,266
  • Tax Assessed Value: $115,800
  • Tax Legal Description: TIMBERLY HGTS LT 29
  • Tax Lot: 29
  • Tax Year: 2023

Property Map

$158,950 – 1740 Pender Avenue, Petersburg, VA 23803

Street View

Nearby Schools

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