Discover an excellent investment opportunity at 204 Central Avenue in Suffolk! This over-under duplex features two spacious 3-bedroom, 1-bath units, each offering approximately 1,100 square feet of living space. Both units feature inviting front porches, while the property offers a carport, large driveway, and a generously sized storage shed with… Read More two separate sections. Both units are tenant-occupied, with current monthly rents of $1,325 and $1,400, generating a combined $2,725 in monthly rental income. One unit is leased through March 31, 2027, while the other is on a month-to-month tenancy. Tenants are responsible for all utilities.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 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; 1622 Prentis Avenue, Portsmouth (MLS# 10656915) offered at $250,000; and 1551 Spruce Street, Norfolk (MLS# 10656917) offered at $280,000. This property, 204 Central Avenue (MLS# 10656924), is offered individually at $245,000. 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.
2,200
Year Built
1920
MLS Number
10656924
30 Days Snapshot Of 23434
$368k
-3%
(avg) sold price
52
-37%
homes sold
43
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,200 sqft, Built around 1920, Over/Under
Disclosures
Disclosure Statement
Exterior Features
Vinyl
Foundation
Crawl
Water Features
Not Waterfront
Lot
Depth: 108, Dimensions: 66 X 108, Front: 66, Shed
Property
Zoning: URBAN
Roof
Asphalt Shingle
Sewer
Type: City/County
Taxes
Approximate Tax Amount: $2,151
Utilities
Separate Meters: Electric, Water, Water Heater Type: Electric, Water Type: City/County
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