8710 Atlantic Ave

    Virginia Beach, VA 23451
    • $659,599
    • STATUS: Active Under Contract
    • ON SITE: 143 days
    • MLS #: 10290972
    Under Contract
    UPDATED: 27 min ago
    $659,599
    • 4
      BEDS
    • 0.17
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,344
      SQFT
    • $281
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1945

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This Has Been A Consistent Income Producing Property For Many Years. It Is Located At The Beach Oceanfront. It Sits On Corner Of Atlantic Ave And 88th St. The Property Is "Grandfathered In" As A Three Unit Rental Property. There Are Two Apartment Units In The Main Home. Plus One Detached Cottage. The Units Are Now In Need Of Rehab And Repairs. You Can Renovate The Three Units. OR, Live In One While Renting Out The Other Two. OR, This Has Excellent Potential To Tear Down And Build Completely New On This Valuable, And Highly Desirable, Location. This Is The Perfect Location For Building Your Dream Beach Home. Or A Valuable Income Producing Property. There's Room To Build One Large Home. Or Two Homes. The City Assessment Is Over $618,000. The Current Market Value Is Much More Than The Asking Price. Bring Your Imagination And Simply Drive By To Appreciate The Location. Then Contact Your Agent To Present Your Highest, And Best Offer, Before The Competition Gets Here.

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    www.chantelrayhomes.com/homes/101004027

    8710 Atlantic Ave Virginia Beach, VA 23451

    • Price: $659,599
    • Status: Active Under Contract
    • Updated: 27 min ago
    • MLS #: 10290972
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,344
    SQFT
    $281
    $/SQFT
    1945
    Built
    Neighborhood:
    North End Va. Beach
    Area:
    43 - Northeast Virginia Beach
    Elementary School:
    Linkhorn Park Elementary
    Middle School:
    Virginia Beach Middle
    High School:
    Frank W. Cox
    Property Description
    This Has Been A Consistent Income Producing Property For Many Years. It Is Located At The Beach Oceanfront. It Sits On Corner Of Atlantic Ave And 88th St. The Property Is "Grandfathered In" As A Three Unit Rental Property. There Are Two Apartment Units In The Main Home. Plus One Detached Cottage. The Units Are Now In Need Of Rehab And Repairs. You Can Renovate The Three Units. OR, Live In One While Renting Out The Other Two. OR, This Has Excellent Potential To Tear Down And Build Completely New On This Valuable, And Highly Desirable, Location. This Is The Perfect Location For Building Your Dream Beach Home. Or A Valuable Income Producing Property. There's Room To Build One Large Home. Or Two Homes. The City Assessment Is Over $618,000. The Current Market Value Is Much More Than The Asking Price. Bring Your Imagination And Simply Drive By To Appreciate The Location. Then Contact Your Agent To Present Your Highest, And Best Offer, Before The Competition Gets Here.
    Exterior Features

    Exterior Features Corner Exterior Siding Vinyl Fence Description None Fence YN No Foundation Type Crawl Garage YN No Parking 4 SpaceOff StreetDriveway Spc Pool No Pool Roof Asphalt Shingle Style Cottage View Description OceanWooded Waterfront Description Not Waterfront Waterfront YN No

    Interior Features

    Appliances DryerMicrowaveRangeRefrigeratorWasher Cooling Window/Wall Equipment Cable Hookup Fireplaces Number 1 First Flr Bed Full Bath YN Yes Flooring Type VinylWood Heating BasebdForced Hot Air Rooms Master Bedroom Rooms Number 7 Rooms Other 1st Floor Br1St Floor Master BrScreened Porch Water Heater Type Electric

    Property Features

    Contingencies Home/Eifs Insp. Con. Contingency Exists Contingent Disclosure Disclosure Statement Fees Condo 0 Fees Poa Monthly 0 Hoa YN No Master Model No Miscellaneous Fixer Upper New Construction YN No Ownership Type Simple Possession Closing Sewer Type City/County Tax Amount Approx 6200 Water Type City/County Zoning R5r

    Listing provided courtesy of Peninsula Homes Real Estate
    © 2020 REIN, Inc. Information Deemed Reliable But Not Guaranteed.
     
    Chantel Ray Real Estate
    Virginia Beach VA, 23454