Petersburg, VA 23803 434 Grove Avenue
$550,000
Pending
39 more
Presented By: Bill Hartsock with Napier Realtors, ERA.
- MLS# 2515909
- 06/06/2025
- SQFT • 3,184
SQFT • 3,184Home Details
Historic landmark property in Old Towne Historic District. Currently used as Air B&B in three units and a one bedroom rental apartment. Up-scale renovation completed in 2013. Continuously rented with great cash flow. Built in 1830, it was originally a grocery store and residence. Rear was originally the kitchen building and is now a two story apartment. Multiple off street parking spaces. Property comes fully furnished in AirB&B units and is turn-key for immediate revenue stream. Revenue and expense figures available from listing agent. Property is close to restaurants and shops and downtown historic attractions as well as easy access to Richmond and Fort Gregg-Adams. This is a must see investment property for the selective buyer.
Presented By: Bill Hartsock with Napier Realtors, ERA.
Interior Features for 434 Grove Avenue
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementCrawlSpace
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
Other Rooms
General for 434 Grove Avenue
Additional Parcels Y/NNo
AppliancesGasWaterHeater
Architectural StyleTwoStory, Victorian
Attached Garage No
Carport Y/NNo
Construction MaterialsBrick, Drywall
CountyPetersburg
DirectionsI-95 Exit 52, right on Washington St., right on Sycamore, left on Old St., to Grove Ave., property on left at Cross St.
DisclosuresHistorical
Elementary SchoolPleasants Lane
Full Baths
Garage Y/NNo
HOANo
High SchoolPetersburg
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description47.5 X 117
LevelsTwo
Lot Size UnitsAcres
MLS Area57 - Petersburg
Middle/Junior High SchoolVernon Johns
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-23T00:22:05.297-00:00
New ConstructionNo
Number Of Units Total4
Occupancy TypeCallAgent
OwnershipCorporate
Ownership TypeCorporation
PostalCityPetersburg
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofMetal, Slate
Security FeaturesControlledAccess
Senior Community Y/NNo
SewerPublicSewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameNone
Tax Annual Amount2372.0
Tax Assessed Value186800
Tax Year2024
ViewCity
Virtual TourClick here
Year Built1830
Year Built DetailsApproximate
Zoning DescriptionMXD-1
Exterior for 434 Grove Avenue
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Parking FeaturesOffStreet, ParkingLot, OnStreet
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Petersburg High School
Middle School
Vernon Johns Middle School
Elementary School
Pleasants Lane Elementary School
John Negaard
Associate