NOT LISTED FOR SALE

636 S Sycamore St Petersburg, VA 23803

-- Bed
-- Bath
3,541 Sq Ft
0.4 Acres

Last Sold August 12, 2022

Last sale price $250,000 $71 Per Sq Ft

40 Days on Market

Highlights

  • On Golf Course
  • Main Floor Bedroom
  • Balcony
  • Property is near public transit
  • Corner Lot
  • Chain Link Fence

About This Home

As of August 2022

FANTASTIC CASH FLOW!! This place already has proven profitability with a very strong potential for even greater returns!! The property actually has two 4-sided brick buildings on it that are being sold as a package. The main house has 2 stand-alone apartments and four additional rooms that share a bathroom and kitchen, two of which are currently being rented out. There is an unfinished 3rd floor which could be turned into 1-2 additional units. You will see that you can possibly create 7-8 separate apartments for even better cash flow. All the current tenants pay their rent on time and have been there for years. The detached building behind the main house has one studio apartment (currently rented out) and there is space to add an additional studio unit. The property needs some TLC, but the place is eligible for local, state, and federal tax incentives for making improvements. With the right investment, this could definitely be a cash cow OR it could be converted into a large single-family home with an office in the back. This property is being sold "as-is," hence its price. Come take a look before the opportunity is gone!!!

Last Agent to Sell the Property

David Wiggins

Weichert Realtors Baron&Snipes License #0225055286 Listed on: 02/04/2022

Weichert Realtors Baron&Snipes

Last Buyer's Agent

Jason Jackson

NextHome Advantage License #0225221874

NextHome Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1890

Lot Details

  • 0.4 Acre Lot
  • On Golf Course
  • Chain Link Fence
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Plaster

Interior Spaces

  • Main Floor Bedroom
  • 3,541 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Schools

  • Walnut Hill Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Additional Features

  • Balcony
  • Property is near public transit
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 031-280005

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium

Building Details

  • Gross Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,546

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.4017
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story, Low Rise
  • Garage Yn: No
  • Unit Levels: Two and One Half
  • Year Built Details: Approximate
  • General Property Information Below Grade Unfinished Area: 200.0
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Appliances: Gas Water Heater, Water Heater
  • Basement YN: Yes
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 3541.0
  • Stories: 2

Exterior Features

  • Roof: Metal
  • Fencing: Chain Link, Fenced
  • Lot Features: Corner Lot
  • Waterfront: No
  • Construction Type: Brick, Plaster
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 031-280005
  • Zoning Description: RB
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 32000.0
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2546.0
  • Tax Lot: 32

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $250,000 0.0% $71 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/16/2022 03/16/22 Off Market $250,000 -- --
03/15/2022 03/15/22 Price Changed $249,950 -7.4% $71 / Sq Ft
02/04/2022 02/04/22 For Sale $269,950 -- $76 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Wiggins

    Seller's Agent in 2022

    David Wiggins

    Weichert Corporate

    (804) 247-1819

    7 in this area

    41 Total Sales

    Section Image
  • Jason Jackson

    Buyer's Agent in 2022

    Jason Jackson

    NextHome Advantage

    (804) 432-0136

    19 in this area

    106 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2201970

Central Virginia Regional MLS

Virginia Petersburg County Petersburg 23803

636 S Sycamore St, Petersburg, VA

This home is located at 636 S Sycamore St, Petersburg, VA 23803 since 04 February 2022. This property was built in 1890. 636 S Sycamore St is a home located in Petersburg City with nearby schools including Petersburg High School and Saint Joseph School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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