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$300,000
Est. payment /mo
2,700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
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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Listed by CENTURY 21 Nachman Realty