Petersburg, VA 23803 39 Walnut Lane
$140,000

Presented By: Danielle Bowers with Century 21 Lifestyle.
Home Details
Welcome to 39 Walnut Ln, a charming 2-bedroom, 1-bath home with a long-term tenant already in place, currently paying $1,200/month. This property is a perfect investment opportunity for seasoned investors or anyone looking to start their real estate portfolio.
Located in the heart of Petersburg, this home is situated in an area experiencing ongoing revitalization and growth. With new businesses, infrastructure projects, and development initiatives in progress, Petersburg is becoming a hot spot for investors seeking affordable options with high potential for appreciation.
Enjoy steady cash flow from day one while benefiting from the city’s promising future. Whether you're expanding your investment portfolio or taking the first step in building generational wealth, 39 Walnut Ln is a smart move in the right direction.
Presented By: Danielle Bowers with Century 21 Lifestyle.
Interior Features for 39 Walnut Lane
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area912.0
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
FlooringCarpet, Tile, Wood
Heating Y/NYes
Total Stories1
General for 39 Walnut Lane
Additional Parcels Y/NNo
Architectural StyleBungalow, Cottage
Attached Garage No
Carport Y/NNo
Construction MaterialsDrywall, Frame, VinylSiding
CoolingCentralAir
CountyPetersburg
Elementary SchoolWalnut Hill
Full Baths1
Garage Y/NNo
HOANo
HeatingElectric, HeatPump
High SchoolPetersburg
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description50X60
LevelsOne
Lot Size UnitsAcres
MLS Area57 - Petersburg
Middle/Junior High SchoolVernon Johns
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-29T00:50:12.790-00:00
New ConstructionNo
Occupancy TypeTenant
OwnershipCorporate
Ownership TypeCorporation
Pool FeaturesNone
PossessionSubjectToTenantRights
PostalCityPetersburg
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameNone
Tax Annual Amount748.03
Tax Assessed Value91200
Tax Lot0.068
Tax Year2023
Total Rooms4
Year Built1974
Year Built DetailsActual
Zoning DescriptionR-3
Exterior for 39 Walnut Lane
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0689
Lot Size Area0.0689
Parking FeaturesNoGarage
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Petersburg High School
Middle School
Vernon Johns Middle School
Elementary School
Walnut Hill Elementary School

Marisa Jones
Associate