INVESTMENT OPPORTUNITY IN BAYVIEW BEACH SECTION OF OCEAN VIEW! This Triplex has three apartments seemingly disguised as a beautiful and sizable single-family home. Each unit is metered separately for all utilities. All currently occupied with good tenants, within minutes of both Norfolk Naval Base and JEB Little Creek. With two - one-bedroom apartments on first floor and one three-bedroom, 3 bath apartment on the 2nd floor. As a plus, there are four off-street designated parking spaces at the rear of the property. Separate bonus building behind property, houses laundry appliances for Apt 1 & 2. Manicured yards for outdoor activities, while enjoying life at the beach. Property has been well maintained and always occupied. Good Tenants! Good income! Prepaid home warranty until 1/8/2027 transferable to buyer! Seller also owns MLS # 10540033(1408 Monterey Ave.) and MLS#10540026 (1326 Monterey Ave.) willing to do a package deal for the right buyer.
HUGE REDUCTION- WANT TO SELL QUICKLY! Great cash flowing duplex in highly desirable Larchmont! Each unit features 2 bedrooms, kitchen, dining room, living room, and full bath. Large walk up attic boasts generous storage space, and common laundry is located conveniently in utility room at rear of the property. Driveway can accommodate up to 4 vehicles, in addition to the detached two car garage. Unit 1 hardwood flooring refinished, Unit 2 new carpet, new entry foyer flooring, new carpet at common stairs, and fully repainted interior. Don't miss this opportunity to add a strong performer to your portfolio! No flood insurance required. Home warranty has been prepaid until 1/8/2027 and transfers with property. Many upgrades have been done in recent years. Check out this gem before it is gone! Seller also owns MLS # 10540033(1408 Monterey Ave.) and MLS#10541735(2037 E. Ocean View) willing to do a package deal for the right buyer
Beautifully maintained all brick duplex with side-by-side units and 2 car detached garage in sought after Larchmont. Fabulous, refinished hardwood floors. Both units have been totally remodeled and maintained well. Pride in ownership. Remodeled kitchens and baths. Walk-in laundry room with no coin operated washer & dryer shared by both units. All utility meters separated. Seller pays no utilities. Unit #1 has perm staircase to unfinished attic. Plenty of room for storage. No flood insurance required. Good cash flow and steady income. Tenants require 48 hours' notice to show. There is also a Home Warranty that is prepaid until 1/8/2027 that transfers with property. Unit #2 lease ends 8/31/2024, so a good property to live on one side and rent out the other side, VA & FHA buyers will love this option! Seller also owns MLS # 10540026(1326 Monterey Ave.) and MLS#10541735,(2037 E. Ocean View) willing to do a package deal for the right buyer.
Attention Investors! Come and see this one first! This Norfolk 6-plex is currently fully occupied and we have done a ton of work over the last few years. A new roof, new window A/C units, baseboard heaters, fresh exterior paint, multiple units have been remodeled (pictures reflect the remodeled units), and much more. Lots of potential here for investors!
All units are in good, livable condition. Great opportunity for investors. Near the interstate, military bases, and shopping and only a couple blocks from the beach. LOTS of additional potential.
GREAT DEAL ON AN INCREDIBLE CENTRALLY LOCATED BEACH DUPLEX IN OCEAN VIEW! SO MANY OPTIONS WITH THIS PERFECTLY LOCATED MONEY MAKER! SEPARATE ELECTRIC METERS! REAR 2BR UNIT VACANT WITH SOME UPDATES & FRONT 2BR UNIT VACANT & READY FOR RENOVATION. LARGE FRONT 2/2 UNIT ALSO HAS 2 SPACES FOR POTENTIAL 3RD BEDROOM (OFFICE WITH ATTACHED FULL BATH AND/OR LAUNDRY ROOM AREA). OR POTENTIAL FOR TRIPLEX CONVERSION - BUYER TO VERIFY WITH CITY IF THIS IS POSSIBLE. EACH UNIT HAS ITS OWN SEPARATE AND FULLY FENCED YARD! FIRE HYDRANT RIGHT OUTSIDE PROPERTY FOR LOWER INSURANCE! NOT IN A FLOOD ZONE! SELLER IS CONTRACT OWNER! SELLING STRICTLY AS-IS! TERMITE AND MOISTURE LETTER IS NOT CLEAR AND SELLER WILL NOT DO ANY REPAIRS. NOTE THAT BACK UNIT PICTURES ARE FROM BEFORE RECENT TENANT MOVE OUT! WOWZER IN YOUR BROWSER!
Great opportunity for investors looking in Ghent! All four units are occupied and will be available to view once under contract. Convenient location to ODU, Naval Bases, and Hospitals as well as numerous restaurants and shops. There is even an on-site laundry facility. You don't want to miss out on this! Seller to make no repairs.
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 $314,900. 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 $314,900. 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 has a population of 238,556. Norfolk is less family-centric than the surrounding county with 25.35% 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 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 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.