$900,000
$975,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/31/2025
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision South Norfolk
MLS Listing ID 10568331
Sold Date 03/31/25
HOA Y/N No
Year Built 1972
Annual Tax Amount $7,275
Property Description
Rare investment opportunity in the heart of South Norfolk! This all-brick, 10-unit apartment building offers a solid income-producing asset with incredible potential. Each spacious unit features 2 bedrooms, 1 bath, and 750 sq. ft. of living space, providing comfortable layouts for tenants. The property is conveniently located near major highways, shopping, dining, and local parks, ensuring strong rental demand. With all units separately metered, this is an excellent addition to any investor's portfolio. Don't miss out on this prime multi-family opportunity—schedule your showing today!
Location
State VA
County Chesapeake
Area 31 - Central Chesapeake
Zoning RMF1
Interior
Hot Water Electric
Heating Electric
Cooling Central Air
Flooring Other
Exterior
Parking Features Lot
Utilities Available City Sewer, City Water, Gas
Roof Type Asphalt Shingle
Building
Story 2.0000
Foundation Slab
Schools
Elementary Schools Rena B. Wright Primary
Middle Schools Oscar Smith Middle
High Schools Oscar Smith
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with EXIT Realty Central