1740 Pender Avenue, Petersburg, VA 23803 (MLS # 2521842)

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PRICE $169,000 BEDS 3 BATHS 1 HOME SIZE 1,036 sqft LOT SIZE 23,401 sqft Request More Info Schedule a Showing

Opportunity knocks for savvy buyers & investors! This charming 3-bedroom, 1-bath home offers comfort, convenience, & value all in one package. This rare all-brick ranch on a level half-acre lot with mature trees, ample off-street parking, & prime location offers strong rental potential, room to grow, fix & Flip, & is priced to move. Located just minutes from Fort Gregg-Adams & downtown Petersburg, this 3-bedroom, 1-bath ranch blends convenience, charm, & community. Quick access to I-85 & I-95 places Richmond, Hopewell, & surrounding areas within easy reach. Dining & shopping is less than 10 minutes away. Set on a generous lot in a quiet, manicured neighborhood, the property offers mature trees, a fenced backyard, & a long driveway with ample off-street parking for multiple vehicles & guests. The detached shed is perfect for storage. Less than half a mile from Fort Gregg-Adams, it's ideal for military personnel, contractors, & relocation professionals. Also nearby is Virginia State University, a strong draw for faculty, staff, & student housing investors. Inside, natural light fills rooms with original hardwood floors, a dedicated dining space, & a cozy brick fireplace. Updated by a previous owner, the home features replacement windows (2007), heat pump (2010), central air (2010), & a roof 5 years new. The kitchen offers ample cabinetry, appliances that convey, & a layout ready for your vision. A rear deck invites evening gatherings overlooking the spacious backyard. Picture summer barbecues under mature trees, kids or pets enjoying the fenced yard, & the convenience of abundant off-street parking. For investors, the location promises rental demand from nearby military & university tenants, projected rents of $1200-$1400 per month depending on updates, & potential to explore a detached garage. Strategically priced to reward vision & speed, offering a rare combination of location, charm, & equity-building potential.