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$ 550,000
Est. payment | /mo
$ 550,000
Est. payment | /mo
Key Details
Property Type Multi-Family, Condo
Listing Status Active
Purchase Type For Sale
Subdivision Ocean View East
MLS Listing ID 10606534
HOA Y/N No
Year Built 1961
Annual Tax Amount $3,969
Property Description
Prime 5-Unit Investment Opportunity Near the Beach!
Just blocks from the beautiful Ocean View shoreline, this income-producing property offers strong rental potential and future upside. Each of the five units features 1 bedroom and 1 bath, with approximately 600 sq. ft. of single-level living, great for easy maintenance and tenant convenience. Every unit includes HVAC for year-round comfort with heating and cooling. With just a small rehab, this property becomes a true value-add gem for any savvy investor looking to expand their portfolio in one of Norfolk's fastest-growing coastal communities. Don't miss this chance to own a multi-unit property steps from the beach with endless income potential!
Just blocks from the beautiful Ocean View shoreline, this income-producing property offers strong rental potential and future upside. Each of the five units features 1 bedroom and 1 bath, with approximately 600 sq. ft. of single-level living, great for easy maintenance and tenant convenience. Every unit includes HVAC for year-round comfort with heating and cooling. With just a small rehab, this property becomes a true value-add gem for any savvy investor looking to expand their portfolio in one of Norfolk's fastest-growing coastal communities. Don't miss this chance to own a multi-unit property steps from the beach with endless income potential!
Location
State VA
County Norfolk
Area 13 - North Norfolk
Zoning R-12
Interior
Hot Water Electric
Heating Forced Hot Air, Nat Gas
Cooling None
Flooring Vinyl
Exterior
Parking Features 4 Space, Multi Car, Off Street, Driveway Spc
Utilities Available City Sewer, City Water
Roof Type Tar and Gravel
Building
Story 1.0000
Foundation Slab
Schools
Elementary Schools Little Creek Elementary
Middle Schools Azalea Gardens Middle
High Schools Lake Taylor
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
© 2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Listed by Coastal Group Inc.
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