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$ 1,995,000
Est. payment | /mo
5,290 SqFt
$ 1,995,000
Est. payment | /mo
5,290 SqFt
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 5,290 sqft
Price per Sqft $377
Subdivision All Others Area 111
MLS Listing ID 10613932
HOA Y/N No
Year Built 1949
Annual Tax Amount $6,671
Lot Size 2.080 Acres
Property Sub-Type Purchase
Property Description
Rare opportunity to acquire a 13-unit income-producing property situated on 2.08 acres in the heart of Poquoson. The asset includes an 8-unit apartment complex, two duplex buildings (4 units), and one single-family cottage, offering a diversified unit mix and multiple income streams within a single acquisition. Offered at $1,995,000, this property provides scale, land, and long-term upside in a market with limited multifamily supply. The expansive parcel supports value-add potential through operational improvements, rent optimization, or future redevelopment strategies. Public water, sewer, and utilities are available. Strategically located along Poquoson Avenue with convenient access to major routes, employment centers, and daily amenities. Great for investors seeking a stable asset with land, unit density, and strong fundamentals in a resilient Hampton Roads submarket. Financials and additional details available upon request. Private tours by appointment only.
Location
State VA
County Poquoson
Area 111 - Poquoson
Zoning R2
Interior
Heating Electric, Forced Hot Air, Heat Pump
Cooling Central Air, Heat Pump
Flooring Laminate/LVP
Exterior
Parking Features 1-25 Spcs, Unpaved
Utilities Available City Sewer, City Water, Electric
Roof Type Asphalt Shingle,Other
Building
Foundation Crawl, Slab
Others
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
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Listed by EXP Realty LLC
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