Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments. The Gross Monthly Rents total $4,250 and there are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS!
| MLS # | 10603705 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 21 |
| Listing Provided By | BHHS RW Towne Realty | George Trotman |
| SQ Feet | 4,000 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Zoning | B2 |
| Acreage | 0.12 |
| Cooling | Central Air, Window/Wall |
|---|---|
| Heating | Forced Hot Air, Gas, Heat Pump |
| Construction | Block, Frame |
|---|---|
| Exterior Siding | Masonry, Vinyl |
| Garage Yn | 0 |
| Roof | Asphalt Shingle, Other |
| Features | Display Window, Inside Storage, Lighting, Mini Kitchen, Outside Storage, Priv Restrms, Public Restrms, Rear Entrance |
|---|---|
| Location | Major Arteries |
| Neighborhood Name | SOUTH NORFOLK |
| Parking | Lot, Off Street, Street |
|---|
| Utilities | City Sewer, City Water, Electric, Gas |
|---|
| Lease Type | Multiple |
|---|---|
| Miscellaneous | 220 V |
| Property | 1676 |
|---|
| State | VA |
|---|---|
| County | Chesapeake VA |
| City | Chesapeake |
| Zip Code | 23324 |
| Area | 31 Central Chesapeake |
| Community Name | SOUTH NORFOLK |
| Listing VS Median (in SOUTH NORFOLK) | |
Price: $435,000 low | high Med: $301,750 sqft: 4,000 low | high Med: 1,366 $ / sqft: $109 low | high Med: $226 On site: 21 low | high Med: 20.5 | |
| State | VA |
|---|---|
| County | Chesapeake VA |
| City | Chesapeake |
| Zip Code | 23324 |
| Area | 31 Central Chesapeake |
| Community Name | SOUTH NORFOLK |
| Listing VS Median (in SOUTH NORFOLK) | |
Price: $435,000 low | high Med: $301,750 sqft: 4,000 low | high Med: 1,366 $ / sqft: $109 low | high Med: $226 On site: 21 low | high Med: 20.5 | |