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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,088 sqft
Price per Sqft $138
Subdivision Cradock
MLS Listing ID 10583846
Sold Date 06/25/25
Style Side by Side
HOA Y/N No
Year Built 1957
Annual Tax Amount $3,410
Property Sub-Type Quadruplex
Property Description
Turnkey Investment with Long-Term Potential! This rare 4-unit multiplex sits on a huge, fenced corner lot and offers a solid foundation for your growing rental portfolio. Each unit features a 1-bedroom, 1-bath single-level layout, ideal for easy maintenance and tenant appeal. Units A, B, and C are tenant-occupied through January, with reliable tenants on year-long leases who are open to renewing. While the interiors offer room for cosmetic updates, the property is already generating consistent income and has plenty of upside potential. With strong rental demand in the area and space to add value over time, this is a prime buy-and-hold opportunity you don't want to miss!
Location
State VA
County Portsmouth
Area 21 - Central Portsmouth
Zoning URH
Interior
Hot Water Electric
Exterior
Fence Full, Picket, Wood Fence
Waterfront Description Not Waterfront
Roof Type Tar and Gravel
Building
Lot Description Corner
Foundation Slab
Sewer City/County
Water City/County
Schools
Elementary Schools Cradock Elementary
Middle Schools Cradock Middle
High Schools Manor High
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with ONYX Realty Professionals LLC