2 UNIT PACKAGE DEAL IN VIRGINIA BEACH SFR

Virginia Beach, VA, 23454
Sold
Listed at: October 9th, 2023
Price
$225,000
ARV
$300,000
Gross Margin
$75,000
Sq. Footage
1300
Type
Single-Family
Parking
Detached Garage
Year build
1952
Lot size
acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

VIRGINIA BEACH SINGLE FAMILY RESIDENTIAL

MAIN HOUSE: 2 bedrooms, 1 bath, approx 1,300 sqft Built in 1952

Detached studio: 1 bedroom, 1 bath

Scope of Work:

DEMO – 1k

KITCHEN – 8k

FLOOR –3.5k

ELECTRICAL – 3k

PAINT – 3.5k

BATHROOM – 6k

HVAC – 7k

UNFORESEEN/OTHER – 10k

REPAIR COSTS ESTIMATED - 40k

ASKING - 225k

ARV – 300k+


Other Positive Items:

  • There is a detached efficiency in the backyard: 1 bedroom, 1 bathroom.
  • Detached Garage
  • Would be a good renal opportunity to add to your portfolio! Rent for main unit could be $1,800 per month and studio could go for $1,000
  • On Double Lot

COMPS:  

1848 N Streamline, Virginia Beach, VA - 285k (One less bathroom, not on a double lot)

225 Lavergne Ln, Virginia Beach, VA - 295k, closing next week (One less bathroom, no garage, not on a double lot)



For a quick response, call or text BRANDON for any details on this 

DEAL! 

757-215-5266

Click the WIN IT NOW! button to lock this one up and avoid bidding wars 

 

 

FIRST COME FIRST SERVE!!!


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

John Michael

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Disposition manager