Excellent opportunity to own a fully occupied duplex investment property in Norfolk just 6 blocks from the Chesapeake Bay! This cash-flowing multifamily property already has performing tenants in place, including a highly desirable 3-bedroom unit, making it a strong addition to any rental portfolio. Major capital improvements have already been completed, including new roof, new HVAC systems, updated plumbing, updated electrical, new flooring, new cabinets, and fresh paint, helping minimize near-term maintenance expenses for the next owner. Each unit has separate utility meters with tenants paying utilities, creating a more efficient income-producing property structure and improving overall investment returns. The location is highly attractive for long-term renters and military tenants. Situated just 6 miles from Norfolk Naval Base, 6 miles from the Hampton Roads Bridge-Tunnel, and minutes to the Chesapeake Bay beaches!
| MLS # | 10653252 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 23 |
| Listing Provided By | Renters Warehouse | Sean Campbell |
| SQ Feet | 1,434 |
|---|---|
| Zoning | IN-1 |
| Water Front | Not Waterfront |
| Water Heater Type | Electric |
|---|
| Exterior Siding | Brick |
|---|---|
| Fence Description | Back Fenced, Partial, Privacy, Wood Fence |
| Roof | Asphalt Shingle |
| Sewer Type | City/County |
|---|---|
| Water Type | City/County |
| Property | 3265 |
|---|
| State | VA |
|---|---|
| County | Norfolk VA |
| City | Norfolk |
| Zip Code | 23503 |
| Area | 13 North Norfolk |
| Community Name | OCEAN VIEW |
| School District | Granby |
| Elementary School | Ocean View Elementary |
| High School | Granby |
| Listing VS Median (in OCEAN VIEW) | |
Price: $360,000 low | high Med: $325,000 sqft: 1,434 low | high Med: 1,350 $ / sqft: $251 low | high Med: $241 On site: 23 low | high Med: 23 | |
| State | VA |
|---|---|
| County | Norfolk VA |
| City | Norfolk |
| Zip Code | 23503 |
| Area | 13 North Norfolk |
| Community Name | OCEAN VIEW |
| School District | Granby |
| Elementary School | Ocean View Elementary |
| High School | Granby |
| Listing VS Median (in OCEAN VIEW) | |
Price: $360,000 low | high Med: $325,000 sqft: 1,434 low | high Med: 1,350 $ / sqft: $251 low | high Med: $241 On site: 23 low | high Med: 23 | |
![]() | $300,0009454 Hickory StNorfolk, VA 23503 |