Smart investors, take note! Opportunity is calling from the heart of Westhaven in Central Portsmouth - a proven multifamily corridor celebrated for steady tenancy and powerful portfolio growth. This 4,800-square-foot, 8-unit brick-block building showcases solid construction, thoughtful management, and key capital improvements with a new roof and windows in 2022.… Read More Six units are currently leased, generating strong income with a projected market rent surpassing $9,300 monthly. A RUBS utility system minimizes owner expenses and maximizes cash flow, while proximity to Olde Towne Portsmouth, Rivers Casino, Norfolk Naval Shipyard, and I-264 ensures perpetual renter demand. Surrounded by shopping, dining, and dynamic city redevelopment, this property positions itself for long-term appreciation and stable returns. Hurry to schedule a private viewing now before someone else buys YOUR INVESTMENT! Read Less
Courtesy of Lea Marie Ngowakl, Atlantic Sothebys Int'l Realty. Office contact: 757-777-9870
Listing Snapshot
Days Online
70
Last Updated
Property Type
Multi Family
Year Built
1964
MLS Number
10608188
30 Days Snapshot Of 23707
$302k
+1%
(avg) sold price
11
-50%
homes sold
44
+51%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances Ranges: 8, Appliances Refrigerators: 8
Building
2 stories, Built around 1964, Block
Cooling
Window/Wall
Disclosures
Disclosure Statement
Exterior Features
Brick
Floors
Carpet, Laminate/LVP, Vinyl
Foundation
Slab
Heating
Basebd
Parking
Lot, Off Street, Street
Property
8 total units, Type of Apartment: Garden, Zoning: URH
Taxes
Approximate Tax Amount: $4,753
Utilities
Water Heater Type: Electric, City Sewer, City Water, Electric
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