Norfolk, VA 23503,1005 Hillside AVE
Norfolk, VA 23503,1005 Hillside AVE
Norfolk, VA 23503,1005 Hillside AVE
Norfolk, VA 23503,1005 Hillside AVE
Norfolk, VA 23503,1005 Hillside AVE
Norfolk, VA 23503,1005 Hillside AVE
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$ 970,000
Est. payment | /mo

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$ 970,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Ocean View Cottage

MLS Listing ID 10610601

HOA Y/N No

Year Built 1974

Annual Tax Amount $6,206

Property Description

Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market.

Each unit is on separate utility meters, simplifying management and boosting net income by shifting utility costs to residents. Located in a highly desirable, beachside neighborhood with strong rental demand, this property is ideal for investors seeking stable cash flow, modern finishes, and a prime Norfolk location near sand, surf, and local amenities.

Location

State VA

County Norfolk

Area 13 - North Norfolk

Zoning R-12

Interior

Hot Water Electric

Heating Heat Pump W/A

Cooling Central Air

Flooring Laminate/LVP

Exterior

Parking Features Lot, Off Street, Street

Utilities Available City Sewer, City Water, Electric

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Crawl

Schools

Elementary Schools Norview Elementary

Middle Schools Norview Middle

High Schools Norview

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Real Estate Information Network (REIN)
Listed by Inlet Realty

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Larrymore Elementary School

    Public | PK - 5

  • 7

    Tarrallton Elementary School

    Public | PK - 5

  • 6

    Mary Calcott Elementary School

    Public | PK - 5

  • 5

    Granby Elementary School

    Public | PK - 5

  • 5

    Suburban Park Elementary School

    Public | PK - 5

  • 5

    Crossroads School

    Public | KG - 8

  • 5

    Bay View Elementary School

    Public | PK - 5

  • 4

    Ocean View Elementary School

    Public | PK - 5

  • 4

    Oceanair Elementary School

    Public | PK - 5

  • 1

    Little Creek Elementary School

    Public | PK - 5

  • 0

    Norfolk Collegiate School

    Private | KG - 12

  • 0

    Norfolk Christian Schools

    Private | PK - 12

  • 0

    Willoughby Elementary School

    Public | PK - 5

  • 0

    St John Lutheran School

    Private | PK - 2

  • 0

    Ocean View Christian Academy

    Private | PK - 8

  • 0

    McLea School

    Private | PK - 5

  • 0

    Building Blocks Preschool

    Private | PK - KG

  • 0

    Ryan Academy of Norfolk

    Private | KG - 5

  • 0

    Alpha Beta Cappa Christian Academy

    Private | PK - 4

  • 0

    St Pius X School

    Private | PK - 8

Middle Schools 3
  • 5

    Northside Middle School

    Public | 6 - 8

  • 5

    Azalea Gardens Middle School

    Public | 6 - 8

  • 0

    The Academy of International Studies at Rosemont

    Public | 6 - 8

High Schools 1
  • 4

    Granby High School

    Public | 9 - 12

School and business data provided by Attom Data.
Matt Marek

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(757) 705-3512

matt@valuxhomes.com

1545 Crossways Blvd. Ste 250 #242, Chesapeake, VA, 23320, USA

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1005 Hillside AVE