$670,000
$680,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
736 Michigan AVE Norfolk, VA 23508
3,270 SqFt
Key Details
Sold Price $670,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,270 sqft
Price per Sqft $204
Subdivision Colonial Place
MLS Listing ID 10521990
Sold Date 05/24/24
Style Over/Under
HOA Y/N No
Year Built 1936
Annual Tax Amount $5,914
Property Description
Exciting opportunity to own a 4 plex property in the charming and historic Colonial Place neighborhood. Can make a great owner occupied investment property or a great cash flow investment close to NOB and ODU. This property features four units, with the main apartment (3BR on lower level) equipped with a washer/dryer. Ample parking is available in the rear and on the street. Hardwood floors beneath the carpeting upstairs. Each unit has separate updated electrical panels. Landlord pays water meter, electric water heater, and natural gas boiler that provides heat for all units. Short distance to the shops and restaurants on Colley. This is a desirable rental location with low vacancy rates. For owner occupied there is the possibility of assuming a 2.5% interest rate mortgage from the seller. Ask agent for more details.
Location
State VA
County Norfolk
Area 11 - West Norfolk
Interior
Hot Water Electric
Exterior
Fence Partial
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle,Poly Skin
Building
Foundation Basement, Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Granby Elementary
Middle Schools Blair Middle
High Schools Maury
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with Keller Williams Elite 757