Don'??t miss this exceptional opportunity to own a low-maintenance, income-generating brick ranch duplex on a HUGE lot with ample parking! Both units are in excellent condition, featuring 2 bedrooms, 1 bathroom, and an eat-in kitchen.This well-kept and recently updated property has wonderful tenants already in place, making it a seamless investment.
Discover this fantastic duplex located in the historic district of Chesapeake. If you?re looking for a property that offers a solid return on your investment, this is it! The duplex features a neat 2-bedroom, 1-bathroom bottom unit and a spacious 4-bedroom, 1-bathroom top unit. The top unit is already rented, providing you with immediate cash flow. With limited duplex options available, don?t wait too long?this opportunity won't last!
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 :)
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The median home value in Chesapeake, VA is $393,000. This is higher 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 $393,000. 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 has a population of 247,172. Chesapeake is less family-centric than the surrounding county with 35.27% 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 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 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.