$360,325
$355,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1265 Reservoir AVE Norfolk, VA 23504
3,536 SqFt
Key Details
Sold Price $360,325
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $101
Subdivision Barraud Park
MLS Listing ID 10545933
Sold Date 10/04/24
Style Over/Under,Side by Side
HOA Y/N No
Year Built 1909
Annual Tax Amount $2,976
Property Description
This quadplex offers a prime investment opportunity with tremendous future equity potential. Located at 1265 Reservoir Avenue in Norfolk, VA, the property consists of four units: one currently rented, two under construction, and one nearly fully renovated. Ideal for investors, this property is being sold as-is, with no additional repairs by the seller. Units 1 and 2 on the first floor just need to be finished, cabinets are there, new electric, unit 3 is almost complete and just needs finishing touches and unit 4 is currently rented for just over $900 a month.
Location
State VA
County Norfolk
Area 12 - East Norfolk
Zoning R-11
Interior
Hot Water Electric
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Tar and Gravel
Building
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Jacox Elementary
Middle Schools Ruffner Middle
High Schools Bt Washington
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Bought with Swell Realty Co