Listed price in listed location currency (USD).
$134,950

310

MLS® 2624532

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 980 sqft
Garage 
Taxes $1,245
Days Active 34
Lot Size 0.1601 Acres
Approx. Age 1957
Avg. Price Per Sqft $137
MLS® Number 2624532

Property Address: 1227 Montgomery Ave, Petersburg, VA, 23803-5533

Average square foot calculated using Size range provided by listing agent.

Description

OFFORDABILITY + POSSIBILITY. 1227 Montgomery Ave offers an affordable 3- bedroom opportunity for first time buyers, starter home, rental property, or downsizing. This home also offers 980 square feet, with deep lot, and a manageable sized lawn. Also has back patio, and possibly storage shed foundation. You can park on the road or pull off with a single car parking space. Partially fenced in back yard. Great opportunity and price point for any investor, buyer, and entrepreneur for person or business to start that investment property. Charming 3- bedroom, 1-full bath offering approximately 980 square feet in an established and quiet neighborhood. This cozy property features spacious living room, and kitchen with lots of natural sunlight. Offers on street and gravel driveway, with excellent potential for both homeowners and investors alike. At this price, you are not going to find many turn-key and ready to move in locations. Affordable opportunity with rental income potential of approximately $ 1450.00 a month. Functional layout in need of person to come in and continue to improve and invest in. Whether you are looking for your next investment, full time live in, or rental turn-key property ready to build your portfolio. This property also rents more than possible investment/ 1% cap renter rule. This home is also great for a starter home with plenty of character, this offers value and opportunity. Back yard is 155 feet long and has previous stone slab foundation for your next shed project, and some extra room in the back that can be used for other additional projects, such as garage, shed, greenhouse, or just the space to stretch out.
MLS® Number2624532
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1957
Basement
DrivewayDriveway, On Street, Unpaved
Garage Spaces
HeatForced Air, Natural Gas
A/CNone

Extras

Rooms

Bathroom 1:First FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 2, 2026List Date
$139,950List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 9, 2026List Date
$134,950List Price
-End Date
-Sold Price

Pending

Jul 15, 2026List Date
$134,700List Price

Home Appraisal

This property is estimated to sell between: $134,000 and $229,000.
Similar properties in this area sold on average for: $197,416
Expected to sell in 10 days. Similar properties sold in 44 days. This home has been on eXp Realty for 34 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1227 Montgomery Ave, Petersburg, VA

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