$360,325
$355,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1265 Reservoir AVE Norfolk, VA 23504
3,536 SqFt
Key Details
Sold Price $360,325
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $101
Subdivision Barraud Park
MLS Listing ID 10545933
Sold Date 10/04/24
Style Over/Under,Side by Side
HOA Y/N No
Year Built 1909
Annual Tax Amount $2,976
Property Description
This quadplex offers a prime investment opportunity with tremendous future equity potential. Located at 1265 Reservoir Avenue in Norfolk, VA, the property consists of four units: one currently rented, two under construction, and one nearly fully renovated. Ideal for investors, this property is being sold as-is, with no additional repairs by the seller. Units 1 and 2 on the first floor just need to be finished, cabinets are there, new electric, unit 3 is almost complete and just needs finishing touches and unit 4 is currently rented for just over $900 a month.
Location
State VA
County Norfolk
Area 12 - East Norfolk
Zoning R-11
Interior
Hot Water Electric
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Tar and Gravel
Building
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Jacox Elementary
Middle Schools Ruffner Middle
High Schools Bt Washington
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with Swell Realty Co