Description
INVESTMENT OPPORTUNITY NEAR ODU WITH TENANTS IN PLACE! Add a Norfolk rental property to your portfolio with immediate income from day one. This 4-bedroom, 2-bath bungalow is currently leased through June 2027 at $2,500 per month, eliminating the need to immediately locate and place tenants. Located just a few minutes walk from Old Dominion University and a few minutes drive to Naval Station Norfolk, area shipyards, downtown Norfolk and major interstates, the property is well positioned in an area with multiple sources of rental demand. The home offers approximately 1,480 square feet and features a renovated kitchen, hardwood floors, spacious living areas, an upstairs bath, fenced yard, detached storage and ample off-street parking. Whether you're expanding an existing portfolio or purchasing your first investment property, this is an opportunity to acquire an income-producing property with tenants already in place.
Details
| MLS # | 10649799 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 37 |
| Listing Provided By | Own Real Estate LLC | Constance Hebert |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,480 |
| Story(s) | 2 |
| Acreage | 0.12 |
| Water Front | Not Waterfront |
Interior
| Appliances | 220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer |
|---|---|
| Cooling | Central Air, Window/Wall |
| Fireplaces Number | 1 |
| Heating | Forced Hot Air, Nat Gas |
| Interior Features | Fireplace Decorative |
| Water Heater Type | Gas |
Exterior
| Exterior Siding | Aluminum, Brick |
|---|---|
| Fence Yn | 1 |
| Fence Description | Back Fenced, Chain Link |
| Garage Yn | 0 |
| Roof | Asphalt Shingle |
Location
| Neighborhood Name | EDGEMERE |
|---|
Parking
| Parking | 3 Space, Off Street, Driveway Spc, Street |
|---|
Utilities
| Sewer Type | City/County |
|---|---|
| Water Type | City/County |
Taxes
| Property | 4053 |
|---|
Area Information
| State | VA |
|---|---|
| County | Norfolk VA |
| City | Norfolk |
| Zip Code | 23508 |
| Area | 11 West Norfolk |
| Community Name | LARCHMONT |
| School District | Maury |
| Elementary School | Larchmont Elementary |
| High School | Maury |
| Listing VS Median (in LARCHMONT) | |
Price: $335,000 low | high Med: $505,900 sqft: 1,480 low | high Med: 2,142 $ / sqft: $226 low | high Med: $236 On site: 37 low | high Med: 20 | |
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Learn More About This Property
| State | VA |
|---|---|
| County | Norfolk VA |
| City | Norfolk |
| Zip Code | 23508 |
| Area | 11 West Norfolk |
| Community Name | LARCHMONT |
| School District | Maury |
| Elementary School | Larchmont Elementary |
| High School | Maury |
| Listing VS Median (in LARCHMONT) | |
Price: $335,000 low | high Med: $505,900 sqft: 1,480 low | high Med: 2,142 $ / sqft: $226 low | high Med: $236 On site: 37 low | high Med: 20 | |
 | $365,0001328 Melrose PwNorfolk, VA 23508 |