$995,000
$1,125,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/20/2024
Key Details
Sold Price $995,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision All Others Area 11
MLS Listing ID 10510719
Sold Date 02/20/24
HOA Y/N No
Year Built 1965
Annual Tax Amount $5,743
Property Description
This property is a two-story multifamily unit in Norfolk, Barraud Park subdivision. Located just 10-minutes from Downtown Norfolk, the property features eight 2-bedroom, 1-bathroom units (current rents are $1,280/month), off-street parking, a spacious private backyard area, and an enclosed common area with shared laundry area. The property was completely renovated in 2023 and has all new HVAC, appliances, flooring, cabinetry, paint, and bathrooms. The property is 100% occupied.Tenant pays for electric only, Owner pays for water and a house electric, Located at dead end, Appliances are all new–refrigerator, electric oven/range, microwave. Landscaping and garbage removal done by contractors. Looking for your first investment, call us today. All showings are done by appointment only.
Location
State VA
County Norfolk
Area 11 - West Norfolk
Zoning R-8
Interior
Hot Water Electric
Heating Forced Hot Air
Cooling Central Air
Flooring Laminate/LVP
Exterior
Parking Features Off Street, Street
Utilities Available City Sewer, City Water, Electric, Sewer Avail, Water Avail
Roof Type Asphalt Shingle
Building
Story 2.0000
Foundation Crawl
Schools
Elementary Schools Lindenwood Elementary
Middle Schools Ruffner Middle
High Schools Bt Washington
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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