$515,000
1526 W 40th ST Norfolk, VA 23508
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$515,000
Est. payment /mo
3,050 SqFt
Under Contract
1526 W 40th ST Norfolk, VA 23508
UPDATED:
11/18/2024 04:35 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,050 sqft
Price per Sqft $168
Subdivision Lamberts Point
MLS Listing ID 10550271
Style Over/Under
HOA Y/N No
Year Built 1905
Annual Tax Amount $5,097
Property Description
Awesome Opportunity To Own A 4-Plex Next To Old Dominion University Football Stadium And Campus! Rental Income Potential $4500-$5500. Unit 1B Has Just Been Renovated With New Stainless Appliances, New Paint, New Lvp Flooring & New Carpet. Has Newer Heat Pump. Available Now For Rent At $1250. Buyer Can Buy To Live In And Have Units Pay Mortgage! Hurry If Desire To Live In As The Rentals In This Area Go Fast! Unit 1A Was Also Recently Renovated With New Kitchen Appliances, Cabinets, Countertops, LVP Flooring. New Tenant With Lease Til 7/31/2025. Unit 2A Bath Has Recently Been Completely Remodeled And New Heat Pump 10/2023. Great Opportunity For Instant Cash Flow. Near A Bus Line, Restaurants, Shopping, Bases And Schools. Off Street Parking For Up To 4 Cars Which Is Unusual In This Area. Community Laundry Room. Tenants Pay Their Own Utilities. Don?t Miss This Chance To Own This 4-Plex Next To ODU!
Location
State VA
County Norfolk
Area 11 - West Norfolk
Zoning R-8
Interior
Hot Water Electric
Exterior
Fence Back Fenced, Partial
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Lot Description Deck
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Larchmont Elementary
Middle Schools Blair Middle
High Schools Maury
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
© 2024 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Listed by Judy Reed Realty
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