Great property zoned B-3 (business or residential) Home sits on large lot approximately (50X245X60X280) close to major interstate arteries 64, 246, 464 and Portsmouth, Norfolk, Chesapeake. Great option for a small business store front with high visibility. Perfect property to rent as 4 individual suites. (Ex. Barber, braider, massage therapist) Owner occupants primary bedroom with 2 closets. The remaining rooms would be perfect for a walk-in closet, in-home gym, office, and/or nursery.
Listing price includes 4201 Reid Street and 3 additional parcels. See attached for Parcel Map (source:Realist).This property is packed with upgrades and potential. Roof is only 5 years old. Water heater,7 years old. HVAC unit installed in 2021.Large fellowship hall with additional community room, kitchen, separate bathrooms. A total of 5 commodes and 2 urinals.2+ ACRES Current parking can accommodate 50-100 cars.
INVESTOR ALERT -- Are you looking for INSTANT INCOME? This lucrative mixed-use property is churning out $3,825 PER MONTH! This quality building features 2 COMMERCIAL SPACES + 3 RESIDENTIAL UNITS -- ALL 5 Units have yearly leases in place and SEPARATE METERS for Electricity. The very attentive owner of almost 50 YEARS has maintained and improved this premium property, and it really shows! Come see some recent improvements as well. There'??s PARKING too, in the rear of the property. The FABULOUS LOCATION is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! Nearby, you'??ll find neighborhood Parks, area Interstates and downtown Norfolk. ACT FAST -- Jump on and ride this '??cash cow'?? right now :)
The median home value in Chesapeake, VA is $359,000. This is lower than the county median home value of $367,400. The national median home value is $338,100. The average price of homes sold in Chesapeake, VA is $359,000. Approximately 69.09% of Chesapeake homes are owned, compared to 25.99% rented, while 4.92% are vacant. Chesapeake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chesapeake real estate agent to arrange a tour today!
Chesapeake, Virginia 23324 has a population of 247,172. Chesapeake 23324 is less family-centric than the surrounding county with 33.25% of the households containing married families with children. The county average for households married with children is 35.27%.
The median household income in Chesapeake, Virginia 23324 is $85,563. The median household income for the surrounding county is $85,563 compared to the national median of $69,021. The median age of people living in Chesapeake 23324 is 37.1 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 30.9 degrees. The average rainfall is approximately 47.4 inches per year, with 5.3 inches of snow per year.