1227 Montgomery Ave, Petersburg, VA 23803

• 3 beds |
• 1 bath |
• 980 sqft

Property Description

OFFORDABLE HOME + INCOME POTENTIAL! Come and take a look at the possibilities at 1227 Montgomery Ave. Offered at just $ 139,950.00, this 3-bedroom, 1-bath home provides approximately 980 square feet and an opportunity for that first time buyer, downsizer, or investor looking for that income producing property. For investors, this property has the rental income of $ 1450- $1500 per month, making this purchase price especially worth a closer look. For possible owner occupants, it offers an affordable path to homeownership with three bedrooms, a functional layout, and a manageable sized home. With very little work needed unless to further improve this is a great turn-key property. Enjoy on street or off-street driveway for a single car. This property offers a lot 48x153, and over 6,974 square feet. Inside enjoy the entrance to the living room flowing into kitchen (space for table), with 3-bedrooms, and a single full bathroom. One room could be converted to dining room or potential office or game room. Enjoy the lot and small back porch which opens up to a large, paved patio area, and small walkway to already paved potential shed platform. With a one-way traffic street, you will enjoy little through traffic, and new construction on the street you will also be part of a neighborhood and future growth. With partial 4-foot chain-link fence on one side, this leaves the potential for a large, landscaped back yard, and the possibility for more privacy.

Listing Status:

Active

Data Last Updated:

October 5, 2026 at 7:15AM

Listing Office:

Weichert Brockwell & Associate : (804) 518-0500

Listing Agent:

Kenneth Byers : (804) 919-4444

MLS ID:

2626979

Interior

• General: Laminate Counters
• Appliances: Electric Water HeaterRefrigeratorStove
• Laundry: Washer HookupDryer Hookup
• Basement: Crawl Space
• Flooring: Wood
• A/C: None
• Heating: Forced AirNatural Gas

Exterior

• General: PorchUnpaved Driveway
• Style: Ranch
• Other Structures: PorchFront PorchRear Porch
• Pool: None
• Parking: DrivewayOn StreetUnpaved

Construction

• Roofing: CompositionShingle
• General: Aluminum SidingDrywallVinyl SidingWood Siding1

Location

• Originating MLS: CVR
• County: Petersburg

Lot

• Topography: Level
• Zoning: WASHINGTON PK LT 11 PT LT 10 45X155046-230016
• Fencing: Chain LinkFenced

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CVR
• Ownership: IndividualsSole Proprietor