Discover an investment opportunity at 1622 Prentis Avenue in Portsmouth! This side-by-side duplex features two spacious units, offering flexibility and potential for investors looking to expand their rental portfolio. Unit A offers 3 bedrooms, 2 bathrooms, and approximately 1,100 square feet of living space. Currently vacant and in need of… Read More turnover and updates, this unit presents an opportunity to make improvements before securing a new tenant. Unit B features 3 bedrooms, 1 bathroom, and approximately 1,000 square feet of living space. Previous rental rates were $1,500 per month for Unit A in 2023 and $1,150 per month for Unit B in 2021. Street parking is available, with the owner responsible for water and tenants responsible for electricity. A great opportunity for investors seeking a property with value-add potential!A;A;Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 204 Central Avenue, Suffolk (MLS# 10656924) offered at $245,000; 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; and 1551 Spruce Street, Norfolk (MLS# 10656917) offered at $280,000. This property, 1622 Prentis Avenue (MLS# 10656915), is offered individually at $250,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads. Read Less
Courtesy of Alex Winfield, Coastal Group Inc.. Office contact: 757-720-2463
Listing Snapshot
Days Online
11
Last Updated
Property Type
Duplex
Square Ft.
2,000
Year Built
1900
MLS Number
10656915
30 Days Snapshot Of 23704
$280k
+1%
(avg) sold price
20
+17%
homes sold
37
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,000 sqft, Built around 1900, Over/Under
Disclosures
Disclosure Statement, Short/Comp Sale
Exterior Features
Vinyl
Foundation
Crawl
Water Features
Not Waterfront
Lot
Depth: 100, Dimensions: 50 X 100, Front: 50
Property
Zoning: URH
Roof
Asphalt Shingle
Sewer
Type: City/County
Taxes
Approximate Tax Amount: $2,129
Utilities
Separate Meters: Electric, Water Heater Type: Electric, Water Type: City/County
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