Great income-producing property. Three bedrooms and one and a half baths in each unit. Half bath attached to the primary bedroom. Recently renovated. Newer roof. Short distance to bases, shopping, and interstates. Owner pays water and sewer, trash. Tenants pay electric.
Incredible investment opportunity! Two buildings, sixteen units - 15 units are two bedrooms/one bathroom and one unit is a studio. Updates include stainless steel appliances, LVP flooring, granite countertops. There's a maintenance garage, and laundry room. Located steps from the beach, minutes from the Naval Base, shopping, and the interstate, in an area ripe with new construction. Please respect tenants. Offers require proof of funds or pre-approval. Don't miss out - contact the agent today!
The median home value in Norfolk, VA is $271,500. This is higher than the county median home value of $256,000. The national median home value is $338,100. The average price of homes sold in Norfolk, VA is $271,500. Approximately 40.06% of Norfolk homes are owned, compared to 51.95% rented, while 7.99% are vacant. Norfolk 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 Norfolk real estate agent to arrange a tour today!
Norfolk, Virginia 23518 has a population of 238,556. Norfolk 23518 is more family-centric than the surrounding county with 26.78% of the households containing married families with children. The county average for households married with children is 25.35%.
The median household income in Norfolk, Virginia 23518 is $56,244. The median household income for the surrounding county is $56,244 compared to the national median of $69,021. The median age of people living in Norfolk 23518 is 30.9 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 33.3 degrees. The average rainfall is approximately 47.3 inches per year, with 5.1 inches of snow per year.