Norfolk, VA 23508,736 Michigan AVE
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Norfolk, VA 23508,736 Michigan AVE
Norfolk, VA 23508,736 Michigan AVE
Norfolk, VA 23508,736 Michigan AVE
Norfolk, VA 23508,736 Michigan AVE

$670,000

Est. payment /mo

$680,000

1.5%
Est.Price: ?

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736 Michigan AVE Norfolk, VA 23508

3,270 SqFt

SOLD DATE : 05/24/2024

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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Real Estate Information Network (REIN)
Listed by The Real Estate Group
Bought with Keller Williams Elite 757

Tom Taylor

Agent | License ID: 0225192136

+1(757) 589-1237

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