Property Description

8 units on a large corner lot in Ocean View 2 blocks from beach access with dedicated parking. 4 units on each side. Downstairs is gutted and rough in complete. Upstairs units have been mostly completed with higher end finishes to include Pella Impervia Black Fiberglass windows, quartz counters, tiled in showers and gas stoves. All units are large 1 bed and 1 bath with minisplit systems. Huge fenced in back yard that can be utilized for common area entertainment area and additional storage. Separately metered gas and electric. Water paid by owner. All plumbing, mechanical, electrical, and building permits are up to date. Listing agent has estimate to complete rehab. Preferred cash or commercial line of credit. Target rents of $1300/mo. Can provide rental comps if needed.

Overview

Property Status

Sold

Date Sold

January 31, 2025

MLS ID

10554435

Property Type

Residential

Year Built

1953

Are you interested?

Schedule a Tour

Aric Martinez

(757) 510-2222 [email protected]

Features & Amenities

Stories

Water Source

Public

Utilities

Natural Gas Available

Roof

Asphalt

Parking

Off Street, On Street

Heat Type

Heat Pump

Appliances

Electric Water Heater, Dishwasher, Range, Refrigerator

Sewer

Public Sewer

Substructure

Slab

Elementary School

Bay View Elementary

Middle School

Azalea Gardens Middle

High School

Norview

Sales Price

$710,000

Real Estate Tax

$8,100/yr

Zoning

R-12

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 1601 Kingston AVE, Norfolk, VA 23503

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