1427 W Ocean View Ave

    Norfolk, VA 23503
    • $275,000
    • STATUS: Active Under Contract
    • ON SITE: 41 days
    • MLS #: 10306703
    Under Contract
    UPDATED: 46 min ago
    $275,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $110
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Excellent investment. Three (3) one-bedroom units and one (1) 2-bedroom unit. This quad building is fully occupied with tenants in place and earns a total of $2,600 per month from four units. Great investment because you are diversified for tenant turnover. Excellent and stable cash flow. Just across the street from the beach makes this highly desirable for tenants wanting to live the beach lifestyle. Owner pays $2200 per year for flood insurance. Act quickly. This will be gone soon!

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    www.chantelrayhomes.com/homes/103618438

    1427 W Ocean View Ave Norfolk, VA 23503

    • Price: $275,000
    • Status: Active Under Contract
    • Updated: 46 min ago
    • MLS #: 10306703
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,500
    SQFT
    $110
    $/SQFT
    1917
    Built
    Neighborhood:
    Willoughby Beach
    Area:
    13 - North Norfolk
    Elementary School:
    Ocean View Elementary
    Middle School:
    Northside Middle School
    High School:
    Granby
    Property Description
    Excellent investment. Three (3) one-bedroom units and one (1) 2-bedroom unit. This quad building is fully occupied with tenants in place and earns a total of $2,600 per month from four units. Great investment because you are diversified for tenant turnover. Excellent and stable cash flow. Just across the street from the beach makes this highly desirable for tenants wanting to live the beach lifestyle. Owner pays $2200 per year for flood insurance. Act quickly. This will be gone soon!
    Exterior Features

    Exterior Siding VinylWood Fence Description None Foundation Type Crawl Lot Depth 50 Lot Dimensions 50X50 Lot Front 50 Roof Composite Style Other Waterfront Description Not Waterfront Waterfront YN No

    Interior Features

    Water Heater Type Electric

    Property Features

    Contingency Exists Non Contingent Disclosure None Meters Separate Electric Neighborhood Name Willoughby New Construction YN No Ownership Type Simple Possession Closing Sewer Type City/County Tax Amount Approx 2848 Water Type City/County Zoning R-12

    Listing provided courtesy of Keller Williams Elite-Pen
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    Chantel Ray Real Estate
    Virginia Beach VA, 23454