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$450,000
Est. payment /mo
2,336 SqFt
Open House
Sun Jan 18, 12:00pm - 2:00pm
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,336 sqft
Price per Sqft $192
Subdivision Meadowbrook - 155
MLS Listing ID 10615195
Style Over/Under
HOA Y/N No
Year Built 1950
Annual Tax Amount $4,258
Property Sub-Type Duplex
Property Description
This well-maintained duplex offers immediate cash flow and flexible living options. The downstairs unit features 3 bedrooms and 2 full bathrooms and currently generates $2,006/month, providing dependable income that can help offset mortgage costs for an owner-occupant or boost returns for an investor. The upstairs unit includes 2 bedrooms and 1 bathroom and has been refreshed with new LVP flooring and fresh interior paint.
Ideally located just minutes from Norfolk Naval Base, Old Dominion University, Downtown Norfolk, and the Ghent District, this property offers strong rental appeal in a highly desirable area.
The property includes separate electric meters, and the seller will pay at closing to have the water meters separated, adding long-term value and simplifying utility management. Major updates include a 2017 roof, downstairs HVAC (2022) and both water heaters replaced in 2021.
Ideally located just minutes from Norfolk Naval Base, Old Dominion University, Downtown Norfolk, and the Ghent District, this property offers strong rental appeal in a highly desirable area.
The property includes separate electric meters, and the seller will pay at closing to have the water meters separated, adding long-term value and simplifying utility management. Major updates include a 2017 roof, downstairs HVAC (2022) and both water heaters replaced in 2021.
Location
State VA
County Norfolk
Area 11 - West Norfolk
Zoning R-11
Interior
Hot Water Electric
Exterior
Fence Back Fenced, Wood Fence
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Sewells Point Elementary
Middle Schools Blair Middle
High Schools Maury
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Listed by KW Coastal Virginia Chesapeake
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