3860 Nansemond CIR Under Contract

Norfolk,VA 23513

$ 300000

- Bed

- Bath

2700 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $111

Subdivision Norview

MLS Listing ID 10584806

Style Converted S.F.

HOA Y/N No

Year Built 1940

Annual Tax Amount $3,725

Property Sub-Type Triplex

Property Description

Investor Special in Norfolk! This value-add triplex offers strong upside for seasoned investors. Property needs some TLC but has great bones and income potential. Unit A: 3 bed, 2 bath (vacant), Unit B: 1 bed, 1 bath (occupied), and Unit C: 1 bed, 1 bath (vacant, above garage). Separately metered for electricity, with tenants paying all utilities-including water. Projected rents up to $3,500/month not including potential garage income. Detached garage presents a major value-add opportunity-consider converting it into a two-story apartment for added revenue. Cash or rehab loans only. Quick close preferred. Don't miss this chance to build equity and cash flow in a desirable Norfolk location.

Location

State VA

County Norfolk

Area 12 - East Norfolk

Zoning R-8

Interior

Hot Water Oil

Exterior

Fence Back Fenced,Partial,Wood Fence

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Norview Elementary

Middle Schools Norview Middle

High Schools Norview

Others

Senior Community No

Ownership Simple

Miscellaneous Fixer Upper

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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