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Active

Potential in Petersburg!

510 Byrne St. Petersburg, VA 23803

Available for $85,000

 Bedrooms - 4

Bath - 2.5

2,196 sqft

Year Built - 1916

Taxes = $720/2023

0.17 Acre Lot

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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***​

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 Great opportunity to secure a property in a rapidly growing market. Two new construction homes are going up on Byrne St. boosting property values! As well as a $1 billion casino project is set to transform the area, driving up demand and appreciation for real estate. The property needs a full renovation. Close to Peterburg amenities so don't miss out!

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**25 min to Chesterfield, 20 min to Prince George & 40 min to Downtown RVA**​​​

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ARV:  Up To $295,0000

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Comps:

1. 4 bd  2 ba  2,248 sqft - 220 New St. Petersburg, VA 23803

Sold for $90,000 in 10/08/24 - As Is

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2. 3 bd 2 ba 1,754 sqft - 521 S Sycamore St. Petersburg, VA 23803
Sold for $90,000 on 09/12/24 - As Is

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3. 3 bd 2 ba 2,362 sqft - 135 Liberty St. Petersburg, VA 23803

Sold for $295,000 on 10/23/24

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4. 4 bd 2.5 ba 3,430 sqft - ​424 S Sycamore St. Petersburg, VA 23803

Sold for $315,630 on 02/04/25

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Property Highlights:

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  • Up and Coming Area

  • Full Rehab Required

  • $1 Billion Casino To Be Built Soon

  • 2 New Constructions Coming Soon to Byrne St. 

  • Close To Old Towne Petersburg

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PID: 031-040019

Legal description: LOTS 1 & 2NICHOLS PLAT

These deals are brought to you off market and are ONLY available to  CASH & HARD/PRIVATE MONEY LOANS that can CLOSE QUICKLY

*Assignment of Contract* All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents please add your commission to the sales price paid by the buyer.

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