SoldJun 10, 2025

Listed and Bought with Walter Mena from NextHome Partners Realty

Source: Central Virginia Regional Multiple Listing Service #2511958

520 Elm Street, Petersburg, VA, 23803

$70,000

0.65 ac.

Land

30+ days on the market

Sold: Jun 10, 2025

What's around 520 Elm Street

About this property

**Prime Buildable Lot in Growing Petersburg Area!** Discover an exceptional investment opportunity with this 0.65-acre buildable lot, ideally located in a rapidly developing area. Previously zoned for a triplex, this property is currently classified as 300 Multi-Family, offering endless possibilities for your next project. With water and sewer services already on site, you can hit the ground running on your development plans. The area is bustling with new construction and beautifully renovated homes, making this the perfect time to capitalize on the growth surrounding you. Imagine the potential to subdivide this lot and create multiple homes, or build a multi-family residence to meet the increasing housing demand. The possibilities are truly limitless! Conveniently situated close to Downtown Petersburg and major highways, this location provides easy access to all the amenities and attractions the city has to offer. Don’t miss out on this rare opportunity to own a prime piece of real estate in a thriving community. Take a look at this lot and envision the potential it holds. **Note:** Purchaser is responsible for verifying all taxes, land usage, lot dimensions, development fees, and conducting a survey during their due diligence period. Seize this chance to invest in your future today!

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