1400 Melrose PW, Norfolk, VA 23508
1400 Melrose PW, Norfolk, VA 23508
1400 Melrose PW, Norfolk, VA 23508
1400 Melrose PW, Norfolk, VA 23508
1400 Melrose PW, Norfolk, VA 23508
1400 Melrose PW, Norfolk, VA 23508
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$ 335,000
Est. payment | /mo

4 Beds

2 Baths

1,480 SqFt


Save
$ 335,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,480 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,480 sqft

Price per Sqft $226

Subdivision Larchmont

MLS Listing ID 10649799

Style Bungalow

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1927

Annual Tax Amount $4,053

Lot Size 5,183 Sqft

Property Sub-Type Detached

Property Description

INVESTMENT OPPORTUNITY NEAR ODU WITH TENANTS IN PLACE! Add a Norfolk rental property to your portfolio with immediate income from day one. This 4-bedroom, 2-bath bungalow is currently leased through June 2027 at $2,500 per month, eliminating the need to immediately locate and place tenants. Located just a few minutes walk from Old Dominion University and a few minutes drive to Naval Station Norfolk, area shipyards, downtown Norfolk and major interstates, the property is well positioned in an area with multiple sources of rental demand. The home offers approximately 1,480 square feet and features a renovated kitchen, hardwood floors, spacious living areas, an upstairs bath, fenced yard, detached storage and ample off-street parking. Whether you're expanding an existing portfolio or purchasing your first investment property, this is an opportunity to acquire an income-producing property with tenants already in place.

Location

State VA

County Norfolk

Area 11 - West Norfolk

Rooms

Other Rooms 1st Floor BR, Porch, Utility Room

Interior

Interior Features Fireplace Decorative

Hot Water Gas

Heating Forced Hot Air, Nat Gas

Cooling Central Air, Window/Wall

Flooring Ceramic, Wood

Fireplaces Number 1

Appliance 220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer

Exterior

Parking Features 3 Space, Off Street, Driveway Spc, Street

Garage Spaces 198.0

Fence Back Fenced, Chain Link

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 Larchmont Elementary

Middle Schools Blair Middle

High Schools Maury

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Real Estate Information Network (REIN)
Listed by Own Real Estate LLC

Nearby School & Business

Randy Sciangula
Randy Sciangula

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

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