Petersburg, VA 23803 229 Terrace Avenue
$9,000
Sold: Nov 01, 2019
14 more
Presented By: Kevin P Randesi with 804 Real Estate, LLC.
Home Details
8/1 - BACK ON MARKET. LOCATED IN DESIGNATED QUALIFIED OPPORTUNITY ZONE in Petersburg - opportunity knocks for the investor or someone looking to buy a home at a very low price to make it their own! Situated just off of Interstate 95 in Petersburg, VA is this 3 bedroom/2 full bath 1,820 sq. ft. 2-story corner lot home. Home has loads of potential. Zoned R-3 and priced over $46,000 off of it's 2018 tax assessment, this one is truly a bargain! Just over a mile away from Trapezium Brewery, Demolition Coffee, and Old Towne Petersburg. Be a part of the excitement in the area! Opportunity Zones is a federal economic development and community development tax benefit established as part of the 2017 Tax Cuts and Jobs Act available to investors with capital gains designed to encourage long-term private investment in low-income urban, suburban and rural communities - ask your agent for details!
Presented By: Kevin P Randesi with 804 Real Estate, LLC.