Rare opportunity to own a versatile and beautifully positioned triplex in Norfolk's desirable River View neighborhood! This well-maintained property offers location, flexibility, and income potential in one exceptional opportunity. Featuring three separate living spaces, this triplex provides strong rental potential and flexibility for various ownership goals, including income generation, owner… Read More occupancy, or multigenerational living. The exterior showcases durable Hardie board plank siding and a back deck, adding curb appeal and outdoor enjoyment.A;A;Apt 1 features 2 bedrooms, 1 full bathroom, a spacious living area, and full kitchen. Currently leased at $1,225/month on a month-to-month agreement, this unit provides immediate rental income with estimated market rent potential of approximately $1,500/month.A;A;Apt 2 offers a 1-bedroom efficiency layout with its own kitchen and full bathroom. Currently leased at $900/month with a one-year lease, this unit provides additional income potential with estimated market rent of approximately $1,000/month.A;A;Apt 3 is the standout renovation, showcasing exceptional craftsmanship and modern finishes throughout. This beautifully updated unit features a brand-new kitchen with custom cabinetry, quartz countertops, tiled walk-in shower, dedicated office space, and scenic Lafayette River views.A;A;With projected market rents approaching $3,700+ per month, this property offers notable future income potential while providing flexibility rarely found in today's market. The triplex layout allows for multiple possibilities, including living in one unit while generating income from additional units, creating a multigenerational living arrangement, or adding a valuable long-term real estate asset.A;A;Conveniently located near major highways, military bases, shopping, dining, and waterfront recreation, this property offers a unique combination of location, updates, versatility, and opportunity. Whether seeking additional income, flexible living options, or long-term real estate potential, this exceptional triplex is ready to impress. Read Less
Courtesy of Taylor Bishop, 757 Realty. Office contact: 757-557-0030
Listing Snapshot
Days Online
24
Last Updated
Property Type
Triplex
Square Ft.
2,250
Year Built
1918
MLS Number
10643163
30 Days Snapshot Of 23504
$322k
+22%
(avg) sold price
15
-34%
homes sold
24
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,250 sqft, Built around 1918, Over/Under
Disclosures
Disclosure Statement
Exterior Features
Fiber Cement
Fence
Wood Fence
Foundation
Crawl
Water Features
Not Waterfront
Lot
Deck
Property
Zoning: R-8
Roof
Asphalt Shingle
Sewer
Type: City/County
Taxes
Approximate Tax Amount: $4,726
Utilities
Separate Meters: Electric, Water Heater Type: Electric, Water Type: City/County
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