VA > Norfolk > Ocean View East
Norfolk, VA 23518,9551 5th Bay ST
Norfolk, VA 23518,9551 5th Bay ST
Norfolk, VA 23518,9551 5th Bay ST
Norfolk, VA 23518,9551 5th Bay ST
Norfolk, VA 23518,9551 5th Bay ST
Norfolk, VA 23518,9551 5th Bay ST
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Randy Sciangula

Randy Sciangula

+1(757) 654-4044
$ 775,000
Est. payment | /mo

3,050 SqFt

Save
$ 775,000
Est. payment | /mo
Save

3,050 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,050 sqft

Price per Sqft $254

Subdivision Ocean View East

MLS Listing ID 10607481

Style Other,Over/Under

HOA Y/N No

Year Built 1972

Annual Tax Amount $5,500

Property Sub-Type Quadruplex

Property Description

Your wealth building dream starts here! Located just blocks from the Chesapeake Bay in the vibrant East Beach neighborhood, this four unit investment property offers both lifestyle appeal and strong cashflow potential. Ideal for the savvy investor ready to leverage furnished or long-term rentals, this property positions you at the intersection of beach living and wealth building. Each unit is fully occupied, fully renovated and features a desirable layout of 2bed/1bath with open living space and W/D in each unit. Neighboring the Bay Oaks Park and the East Beach Farmers Market, the location is unbeatable! Please do not disturb tenants. Current rent roll: Unit 1 -$1400/mo lease ends 3/31/26, Unit 2 - $1,495/mo + $75/mo utility fee ($1,570 total) lease ends 5/31/2026, Unit 3 - $1,450/mo +75/mo utility fee ($1,525 total) lease ends 10/31/2026, Unit 4 - Furnished MTR $2,150/mo current guest exp 10/31/25, next guest 10/31/25-12/31/2025.

Location

State VA

County Norfolk

Area 13 - North Norfolk

Zoning R-11

Interior

Hot Water Electric

Exterior

Fence Partial

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Lot Description Shed

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Little Creek Elementary

Middle Schools Azalea Gardens Middle

High Schools Lake Taylor

Others

Senior Community No

Ownership Simple

Miscellaneous Rehabilitated

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Real Estate Information Network (REIN)
© 2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Listed by EXP Realty LLC
Randy Sciangula

+1(757) 654-4044

randy@covahomegroup.com

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