$1,025,000
$1,080,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
332 Mt Vernon AVE Portsmouth, VA 23707
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Port Norfolk
MLS Listing ID 10494199
Sold Date 12/15/23
HOA Y/N No
Year Built 1924
Annual Tax Amount $9,360
Property Description
Calling ALL Investors! Great opportunity to own a 12 plex in Port Norfolk! Conveniently located to Portsmouth Marine Terminal, Port of Virginia, Rivers Casino, I164 & Rt 58. Building has twelve one bedroom units, six with balconies! Tenants pay all utilities except trash collection. All tenants on 12 month leases expiring Dec2023 through Jun2024. Six units were renovated with new kitchen cabinets & granite countertops between 2019-2022 and one is currently being renovated.
Location
State VA
County Portsmouth
Area 21 - Central Portsmouth
Zoning HR
Interior
Hot Water Electric
Heating Radiator
Cooling None
Flooring Carpet, Laminate/LVP, Wood
Exterior
Garage Multi Car, Off Street, Street
Utilities Available City Sewer, City Water, Electric, Gas
Roof Type Tar and Gravel
Building
Story 3.0000
Foundation Basement
Schools
Elementary Schools Park View Elementary
Middle Schools Churchland Middle
High Schools Churchland
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with Rodney Fentress Real Estate LLC