Value-add opportunity at 731 22nd St, Newport News, VA 23607, featuring 3 bedrooms, 2.5 bathroom, and approximately 1,665 sqft, built in 1974. The property includes an attached garage, covered front porch, and driveway, offering renovation potential for investors.
Asking Price: $163,000 | Estimated ARV: $310,000
Potential Spread: $131,000 Before Repairs, Financing, Holding, and Transaction Costs
Transaction Details
Closing Date: TBD
Occupancy: To be confirmed Access instructions: Contact us to arrange a walkthrough
EMD: $5,000
Property Condition
Roof: Age and condition to be verified
HVAC: Type, age, and condition to be verified
Plumbing: System type and condition to be verified
Electrical: Service capacity and condition to be verified
Foundation: Type and condition to be verified
Interior: Condition and renovation scope to be determined during walkthrough; interior photos not provided
Comparable Properties
72 Sycamore Ave, Newport News, VA 23607 — $337,000: 1,748 sqft | 4/2 bed/bath | Sold 12/19/2024,
IMPORTANT: The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence, including verifying property specifications, lot size, zoning, condition, comparable sales, renovation costs, and projected resale value. ARV is an estimate, not a guarantee. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.
Time-sensitive opportunity — this contract is being offered to multiple investors.
More About This Property
Nearby Deals
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
