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Matt Marek

matt@valuxhomes.com +1(757) 705-3512

$ 795,000

Est. payment | -/mo

Save

$ 795,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Barraud Park

MLS Listing ID 10610809

HOA Y/N No

Year Built 1967

Annual Tax Amount $5,970

Property Description

Well-maintained brick apartment asset with six - two bedroom, one bath units, in a convenient Norfolk location close to shipyards, interstates, and major employment centers. Current monthly rents total $6,382, providing immediate income from day one with potential upside through strategic rent increases and value-add improvements. Two-story building with off-street parking and simple, functional layouts that stay in demand with residents. Ideal for investors looking to scale their portfolio with a stable, easy-to-rent property in an established rental corridor. Please do not disturb tenants under any circumstances.

Location

State VA

County Norfolk

Area 12 - East Norfolk

Zoning R-11

Interior

Hot Water Electric

Heating Basebd

Cooling Window/Wall

Flooring Carpet, Laminate/LVP

Exterior

Parking Features Lot

Utilities Available City Sewer, City Water, Electric

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Slab

Schools

Elementary Schools Jacox Elementary

Middle Schools Ruffner Middle

High Schools Bt Washington

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Listed by Inlet Realty

Schools and Properties Nearby

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

Learn More About LPT Realty

1419 Goff ST Norfolk, VA 23504