Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments. The Gross Monthly Rents total $3,825 and there… Read More are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS! Read Less
Courtesy of George Trotman, BHHS RW Towne Realty. Office contact: 757-436-3636
Listing Snapshot
Days Online
17
Last Updated
Property Type
Multi Family
Year Built
1920
MLS Number
10603701
30 Days Snapshot Of 23324
$307k
+2%
(avg) sold price
24
-25%
homes sold
39
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Cable
Appliances & Equipment
Appliances Ranges: 3, Appliances Refrigerators: 3
Building
2 stories, Built around 1920, Concrete, Frame
Cooling
Central Air, Window/Wall
Disclosures
Disclosure Statement, Related to Seller
Exterior Features
Masonry, Vinyl
Floors
Carpet, Vinyl
Foundation
Crawl, Slab
Heating
Forced Hot Air, Heat Pump, Nat Gas
Lot
Depth: 100, Dimensions: CORNER LOT!, Front: 50
Parking
Lot, Multi Car, Off Street, Street
Property
5 total units, Zoning: B2
Roof
Asphalt Shingle
Taxes
Approximate Tax Amount: $2,182
Utilities
Water Heater Type: Gas, City Sewer, City Water, Electric, Gas
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