2203 Ferndale Ave, Petersburg, VA 23803

Investor Special – Triplex in Kenilworth Subdivision! Opportunity knocks at 2203 Ferndale Avenue, a 3-unit multifamily property located in the heart of Petersburg, VA. This 2,196 sq ft triplex features three one-bedroom units and sits on a expansive 0.15-acre corner lot. Per the county an additional accessory building can be added on the lot. Built in 1974, the property needs a full rehab, making it an ideal project for savvy investors or contractors looking to build equity and cash flow. Located in the Kenilworth Subdivision and within the Petersburg School District, this property offers strong rental potential with no HOA restrictions. Conveniently positioned near major routes with easy access to Richmond, Hopewell, and Colonial Heights, it’s a great location for commuting tenants. Whether you're looking to fix and flip, house hack, or hold for long-term rental income, this property has the bones and the location to support a smart investment. Priced to sell, this is your chance to reimagine and revitalize a multifamily property in a growing market. Sold as-is, seller financing is an option. Don’t miss this diamond in the rough—schedule your showing today!