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,… Read More 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. Read Less
Courtesy of Sean Campbell, Renters Warehouse. Office contact: 757-272-1616
Listing Snapshot
Days Online
12
Last Updated
Property Type
Duplex
Square Ft.
1,434
Year Built
1961
MLS Number
10626421
30 Days Snapshot Of 23503
$344k
+3%
(avg) sold price
33
+32%
homes sold
45
+36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,434 sqft, Built around 1961, Side by Side
Disclosures
Disclosure Statement
Exterior Features
Brick
Fence
Back Fenced, Partial, Privacy, Wood Fence
Foundation
Crawl
Water Features
Not Waterfront
Lot
Shed
Property
Zoning: IN-1
Roof
Asphalt Shingle
Sewer
Type: City/County
Taxes
Approximate Tax Amount: $3,265
Utilities
Separate Meters: All, Water Heater Type: Electric, Water Type: City/County
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