



55 days on market
$650,000
1812 Freeney Ave
Suffolk, Virginia 23434
MLS# 10624092 · LLOYD PLACE · Suffolk VA
Beds
3
Baths
1
Sq Ft
1,166
$/Sq Ft
$557
Built
1940
Garage
0
This investment opportunity involves the acquisition and redevelopment a total of 15 properties to include parcels 050998000 and 051465000 located on the same block in Suffolk, Virginia. The properties present a unique opportunity for coordinated development within an established neighborhood that already has access to roads, utilities, schools, and nearby services. Because the parcels are located together, investors can plan a unified residential development that improves the appearance and value of the entire street. The project would focus on transforming underutilized land into quality housing, such as single-family homes or multi family units, to meet the growing demand in Suffolk. Developing multiple properties in the same location allows for efficient construction, streamlined planning, and consistent design. Redevelopment of these lots will help revitalize the neighborhood, increase property values, and create housing opportunities while generating strong investment potential.
Property Type
Residential
Style
Stories
1
Year Built
1940
Approx Sq Ft
1,166
Bedrooms
3
Full Baths
1
Half Baths
0
Fireplaces
0
Lot Size
0.9100
Location & Street View
1812 Freeney AVE, Suffolk
Map and Street View imagery © Google. Imagery may not be current.
About buying in Suffolk
Suffolk is Hampton Roads' fastest-growing city and one of the largest in Virginia by land area. Buyers find a mix of new-construction subdivisions in northern neighborhoods like Harbour View and Burbage Grant, charming historic homes in Downtown Suffolk, and substantial rural and waterfront properties throughout the southern half of the city. Suffolk's lower cost of living, generous lot sizes, and easy commute to Naval Medical Center Portsmouth and Norfolk Naval Shipyard make it especially appealing to growing families and military households.
MLS# 10624092
Data provided by REIN MLS. Information deemed reliable but not guaranteed.