A fantastic investment opportunity in the heart of Norfolk, Virginia! This property offers a unique blend of charm, convenience, and potential for a lucrative investment. Whether you're a seasoned investor or a first-time buyer looking to expand your portfolio, this property has it all. Let's explore the exciting features and benefits this investment has to offer.

Don't miss out on this exceptional investment opportunity in Norfolk, VA! Take advantage of the thriving rental market, strong potential for value appreciation, and the convenience of multiple units. Contact us today to schedule a viewing or obtain more information. Act now and secure your future in the lucrative world of real estate investment!

FIRST COME FIRST SERVE

OFF MARKET

✅ PRICE: $715,000 $600,000

DESCRIPTION:

8 bed, 8 bath 6000 sqft

Year built: 1971

Lot size: 6,444 sqft

ACCESS: By appointment 

Purchase Strategy: CASH

Number of units: 8

Each unit is 1 Bed / 1 Bath

Estimated rent increase of 1,200+/mo per unit

• All 8 units currently occupied on leases
• Currently renting for $750/unit
• Monthly expenses: water 400/mo; house lights 45/mo; trash 225/mo = total 670/mo
• Roof 1 year (NEW)
• Plumbing good
• Hvac good
• Kitchen & Baths up to date
• Property has maintenance man who makes repairs and updates property regularly

☎️ CALL OR SHOOT A 📱 TEXT FOR MORE INFO ON THIS KILLER DEAL!!!!

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.