Attention Investors! Excellent opportunity to own a super low maintenance 8 Plex. Rents total $6,322.00. This property sits in Midtown Portsmouth and is convenient to bases, shipyards, interstates, Rivers Casino, shopping, and more! Fully occupied studio units, each with a full kitchen and bathroom. Each unit is individually metered for water and electricity with laundry inside each unit. Low vacancy! High cash flow! Low maintenance! Amazing management in place. Call today for financials before it's gone! Do not walk on property unescorted and do not disturb tenants for any reason.
Located in Port Norfolk, just 10 minutes from Downtown Norfolk and convenient to Military bases, Portsmouth terminals, highways, etc. 259 Broad Street is a three-story multifamily property, featuring six spacious 3-BR / 1-BA units, off-street parking. The property was renovated in 2022 and has all new flooring, restored cabinetry, fresh paint, new appliances, and new bathrooms. The property is 100% occupied. Take advantage of this cash flowing property today!
The median home value in Portsmouth, VA is $229,900. This is higher than the county median home value of $222,900. The national median home value is $338,100. The average price of homes sold in Portsmouth, VA is $229,900. Approximately 49.99% of Portsmouth homes are owned, compared to 39.81% rented, while 10.2% are vacant. Portsmouth 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 Portsmouth real estate agent to arrange a tour today!
Portsmouth, Virginia 23707 has a population of 97,454. Portsmouth 23707 is less family-centric than the surrounding county with 22.6% of the households containing married families with children. The county average for households married with children is 23.6%.
The median household income in Portsmouth, Virginia 23707 is $54,020. The median household income for the surrounding county is $54,020 compared to the national median of $69,021. The median age of people living in Portsmouth 23707 is 35.5 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 33.4 degrees. The average rainfall is approximately 47.4 inches per year, with 5 inches of snow per year.