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Tom Taylor

chime@aintreal.com +1(757) 589-1237

$ 595,000

Est. payment -/mo

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1300 Bainbridge (1302) BLVD Chesapeake, VA 23324

UPDATED:

05/02/2024 04:16 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision South Norfolk

MLS Listing ID 10509399

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,199

Property Description

INVESTOR ALERT -- Are you looking for INSTANT INCOME? This lucrative mixed-use property is churning out $3,825 PER MONTH! This quality building features 2 COMMERCIAL SPACES + 3 RESIDENTIAL UNITS -- ALL 5 Units have yearly leases in place and SEPARATE METERS for Electricity. The very attentive owner of almost 50 YEARS has maintained and improved this premium property, and it really shows! Come see some recent improvements as well. There’s PARKING too, in the rear of the property. The FABULOUS LOCATION is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! Nearby, you’ll find neighborhood Parks, area Interstates and downtown Norfolk. ACT FAST -- Jump on and ride this “cash cow” right now :)

Location

State VA

County Chesapeake

Area 31 - Central Chesapeake

Zoning B2

Interior

Hot Water Gas

Heating Forced Hot Air, Heat Pump, Nat Gas

Cooling Central Air, Window/Wall

Flooring Carpet, Vinyl

Exterior

Garage Lot, Multi Car, Off Street, Street

Utilities Available City Sewer, City Water, Electric, Gas, Telephone Avail

Roof Type Asphalt Shingle,Other

Parking Type Lot, Multi Car, Off Street, Street

Building

Story 2.0000

Foundation Crawl, Slab

Schools

Elementary Schools Rena B. Wright Primary

Middle Schools Oscar Smith Middle

High Schools Oscar Smith

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, Related to Seller

Special Listing Condition Disclosure Statement, Related to Seller

Listed by BHHS RW Towne Realty

Tom Taylor

Agent | License ID: 0225192136

+1(757) 589-1237

Tom Taylor

1300 Bainbridge (1302) BLVD Chesapeake, VA 23324

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1300 Bainbridge (1302) BLVD