Homes for sale - 87 Channing AVE, Portsmouth, VA 23702

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Randy Sciangula

randy@covahomegroup.com +1(757) 654-4044

$ 199,999

Est. payment | -/mo

4 Beds

2 Baths

1,955 SqFt

Save

$ 199,999

Est. payment | -/mo

Save

4 Beds

2 Baths

1,955 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,955 sqft

Price per Sqft $102

Subdivision Cradock

MLS Listing ID 10592229

Style Cape Cod

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1941

Annual Tax Amount $3,089

Property Sub-Type Detached

Property Description

Investor Special with Subdivision Potential!Unlock incredible value with this rare opportunity in a rapidly appreciating neighborhood! This property features a home ready for renovation with ARV (After Repair Value) potential of $295,000+—ideal for flippers or buy-and-hold investors.What sets this property apart is the extra lot that is easily subdividable (buyer to verify with city/county). Build a second home and sell it for an estimated $350,000+, or create a long-term rental portfolio with two income-producing properties. Each lot meets all set back requirements with plenty of extra lot square footage on all 4 sides. New lot will face Irwin Street.Whether you're an experienced investor or a savvy builder, this is a can't-miss opportunity to maximize profit on two buildable parcels in one deal.Don't miss this one—opportunities like this don't last!

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning UR

Interior

Hot Water None

Heating None

Cooling None

Flooring Carpet, Vinyl

Appliance None

Exterior

Parking Features Garage Det 1 Car, Driveway Spc

Garage Description 1

Fence None

Pool No Pool

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Cradock Elementary

Middle Schools Cradock Middle

High Schools Manor High

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, Related to Seller, Spec Warranty Deed

Special Listing Condition Disclosure Statement, Related to Seller, Spec Warranty Deed

Listed by Creed Realty

+1(757) 654-4044

randy@covahomegroup.com

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