Excellent investment. Three (3) one-bedroom units and one (1) 2-bedroom unit. This quad building is fully occupied with tenants in place and earns a total of $2,600 per month from four units. Great investment because you are diversified for tenant turnover. Excellent cash flow. Just across the street from the beach makes this highly desirable for tenants wanting to live the beach lifestyle. Owner pays $2200 per year for flood insurance. Act quickly.
Off market
Street View
$429,400
1427 W Ocean View Ave, Norfolk, VA 23503
--beds
0baths
2,500sqft
MultiFamily
Built in 1917
-- sqft lot
$429,400 Zestimate®
$172/sqft
$1,782 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Vinyl, Wood
Lot
- Size: 2,500 sqft
Details
- Parcel number: 35320200
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1917
Community & neighborhood
Location
- Region: Norfolk
Other
Other facts
- Exterior Siding: Vinyl, Wood
- Foundation Type: Crawl
- List Type: Standard Agency ER
- New Construction YN: 0
- Ownership Type: Simple
- Sewer Type: City/County
- Water Heater Type: Electric
- Water Type: City/County
- Meters Separate: Electric
- Style: Other
- Subdivision Number: 246
- Roof: Composite
- Waterfront YN: 0
- Property Type: Multi Family Residential
- Waterfront Description: Not Waterfront
- City: Norfolk
- State Or Province: Virginia
- Ownership type: Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$429,400
2% more+ $8,588
With Zillow Showcase(estimated)
$437,988