$139,205

1227 Montgomery Ave, Petersburg, VA 23803

3 beds |
1 bath |
980 sqft

Single-Family Home
Built in 1957
6,974sqft lot
—— car garage
$142/sqft
Listed 1 month ago

Property Description

Charming 3-bedroom, 1-bath home located on a quiet street and ready for its next owner! This cozy property offers the perfect opportunity for a first-time homebuyer looking to stop renting and start building equity — or for an investor seeking strong rental potential and positive cash flow. Solid layout, good rental history, and excellent investment upside. Don’t miss this opportunity to own a performing property with built-in returns from day one. some photos are virtually staged Tenant in place through April 2026 would like to stay 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
Data Last Updated:: March 29, 2026 at 7:18AM
Listing Office:: Samson Properties : (804) 430-9410
Listing Agent:: Nicole Lee : (804) 833-9962
MLS ID:: 2604085

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

Style: BungalowCottage
Other Structures: Stoop
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 $

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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.