$510,000
$695,000
26.6%For more information regarding the value of a property, please contact us for a free consultation.
213 S Birdneck RD Virginia Beach, VA 23451
Key Details
Sold Price $510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Birdneck Acres
MLS Listing ID 10603378
Sold Date 10/28/25
HOA Y/N No
Year Built 1940
Annual Tax Amount $4,000
Property Description
213 & 215 S Birdneck Rd, Virginia Beach β Investment OpportunityThree-building property ready for redevelopment or full renovation. 2 narrow / long lots--see plat. Total frontage approx 100'x200'. Front House: 3β4 BR, 2 BA β currently unlivable, needs major renovation/rebuildTriplex: Three 1 BR, 1 BA units β separate electric, full interior updates neededDuplex: Two 2 BR, 1 BA units β currently rented at $1,200/mo each, updates needed. Total Renovation Estimate: $110Kβ$215K. Projected Market Rents After Renovation: approx. $8,250/mo or $99K/yr. Shared driveway easement with 221 S Birdneck Rd. Buyer to verify zoning and ability to maintain three structures. Interior access to occupied units *after* ratified contract and **Hold Harmless Agreement**. Ideal value-add project for investors seeking strong rental potential. Can be sold as a packaged deal with 9611 17th Bay Norfolk and 3611 15th bay Norfolk.
Location
State VA
County Virginia Beach
Area 43 - Northeast Virginia Beach
Zoning R10
Interior
Hot Water Electric
Heating Other
Cooling Other
Flooring Other
Exterior
Parking Features Lot, Off Street, Driveway Spc
Utilities Available City Sewer, City Water, Electric
Roof Type Asphalt Shingle
Building
Story 1.0000
Foundation Crawl, Slab
Schools
Elementary Schools Seatack Elementary
Middle Schools Corporate Landing Middle
High Schools Ocean Lakes
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement, None
Special Listing Condition Disclosure Statement, None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Β© 2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Bought with Sunrise Real Estate Group