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About This Home

This 3-bedroom, 1-bathroom single family at 1227 Montgomery Avenue in Petersburg, VA is listed for $139,950 ($143 per sqft). Built in 1957, the home offers 980 sqft of living space on a 0.16 acres lot.

Agent Description

Charming 3- bedroom, 1-full bath offering approximately 980 square feet in an established and quiet neighborhood. This cozy property features spacious living room, and kitchen with lots of natural sunlight. Offers on street and gravel driveway, with excellent potential for both homeowners and investors alike.

At this price, you are not going to find many turn-key and ready to move in locations. Affordable opportunity with rental income potential of approximately $ 1450.00 a month. Functional layout, and the three rooms for spreading out or family potential.

Whether you are looking for your next investment, full time live in, or rental turn-key property ready to build your portfolio. This property also rents more than possible investment/ 1% cap renter rule. This home is also great for a starter home with plenty of character, this offers value and opportunity.

Back yard is 155 feet long and has previous stone slab foundation for your next shed project, and some extra room in the back that can be used for other additional projects, such as garage, shed, greenhouse, or just the space to stretch out.

Key Features

  • Built in 1957
  • 0.16 acre lot

Property Details

1 story
1 full
1957

Monthly Cost Estimate

$748/mo

20% down · 6.5% · 30 years

Principal$101
Interest$606
Insurance$41

Estimates only. Actual payments may vary.

Location

1227 Montgomery Avenue

Petersburg, VA 23803

Birdville Park

Features & Amenities

Exterior Features

PorchUnpavedDriveway

Property Details

Flooring

Wood

Construction

AluminumSiding Drywall VinylSiding WoodSiding

Pool Features

Porch

Parking

DrivewayPaved or SurfacedOn Street

Heating

Natural GasForced Air

Appliances

ElectricWaterHeater

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1227 Montgomery Avenue is listed at $139,950 ($143/sqft). The estimated monthly payment is $606 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.16 acre lot. Exterior Features: Porch, UnpavedDriveway.

This property is listed by Kenneth Byers and can be reached at 8049194444 or kennethbyers346@gmail.com.

KB

Kenneth Byers

Agent at Weichert Brockwell & Associate

(804) 919-4444

Listed by Weichert Brockwell & Associate · View on Broker Site

MLS# 2614245· Source: listhub· Updated 5 days ago

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1227 Montgomery Avenue, Petersburg, VA 23803

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