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Price Improvement - Investor Special - Triplex in Kenilworth Subdivision! Opportunity knocks at 2203 Ferndale Avenue, a 3-unit multifamily property located in the heart of Petersburg, VA. This 2,196 sq ft triplex features three one-bedroom units and sits on a expansive 0.15-acre corner lot. Per the county an additional accessory building can be added on the lot. Built in 1974, the property needs a full rehab, making it an ideal project for savvy investors or contractors looking to build equity and cash flow. Located in the Kenilworth Subdivision and within the Petersburg School District, this property offers strong rental potential with no HOA restrictions. Conveniently positioned near major routes with easy access to Richmond, Hopewell, and Colonial Heights, it's a great location for commuting tenants. Whether you're looking to fix and flip, house hack, or hold for long-term rental income, this property has the bones and the location to support a smart investment. Priced to sell, this is your chance to reimagine and revitalize a multifamily property in a growing market. Sold as-is. Don't miss this diamond in the rough"”schedule your showing today!
| DAYS ON MARKET | 1 | LAST UPDATED | 11/28/2025 |
|---|---|---|---|
| YEAR BUILT | 1974 | COUNTY | PETERSBURG CITY |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PETERSBURG CITY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| CONSTRUCTION | Aluminum Siding, Metal Siding |
| HEAT | None |
| INTERIOR | Fencing, Kitchen, Private Restrooms |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Back Yard, Corner Lot |
| PARKING | Driveway |
| SEWER | Septic Tank |
| TAXES | 832 |
| UTILITIES | Sewer Available, Water Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
| ZONING | Special Conforming zoning for a triplex multifamily. Originally R-2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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