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Reamie Tabin

reamie.tabin@exprealty.com +1(757) 828-8035

$ 365,000

Est. payment | -/mo

1,434 SqFt

Save

$ 365,000

Est. payment | -/mo

Save

1,434 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,434 sqft

Price per Sqft $254

Subdivision Ocean View

MLS Listing ID 10626421

Style Side by Side

HOA Y/N No

Year Built 1961

Annual Tax Amount $3,265

Contingent Home/EIFS Insp. Con.

Lot Size 1434.000 Acres

Property Sub-Type Duplex

Property Description

Excellent opportunity to own a fully occupied duplex investment property in Norfolk just 6 blocks from the Chesapeake Bay. This cash-flowing multifamily property already has performing tenants in place, including a highly desirable 3-bedroom unit, making it a strong addition to any rental portfolio.Major capital improvements have already been completed, including new roof, new HVAC systems, updated plumbing, updated electrical, new flooring, new cabinets, and fresh paint, helping minimize near-term maintenance expenses for the next owner. Each unit has separate utility meters with tenants paying utilities, creating a more efficient income-producing property structure and improving overall investment returns. The location is highly attractive for long-term renters and military tenants, situated just 6 miles from Norfolk Naval Base, 6 miles from the Hampton Roads Bridge-Tunnel, and minutes to the Chesapeake Bay beaches.

Location

State VA

County Norfolk

Area 13 - North Norfolk

Zoning IN-1

Interior

Hot Water Electric

Exterior

Fence Back Fenced, Partial, Privacy, Wood Fence

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Lot Description Shed

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Ocean View Elementary

Middle Schools Northside Middle School

High Schools Granby

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Listed by Renters Warehouse

NEARBY SCHOOL & BUSINESS

+1(757) 828-8035

reamie.tabin@exprealty.com

780 Lynnhaven Pkwy # 370, Beach, VA, 23452

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138 Dupre AVE Norfolk, VA 23503