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736 Michigan Ave

Norfolk, VA 23508
  • $670,000
  • STATUS: Closed
  • ON SITE: 417 Days
  • ID#: 10521990
Sold - 05/24/2024
$670,000
SOLD - 05/24/2024
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,270
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936

School Information

Elementary School:
Middle School:
High School:

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.

Sold by Keller Williams Elite 757.

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www.seasiderealtyva.com/homes/148146359
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736 Michigan Ave Norfolk, VA 23508

  • Price: $670,000
  • Status: Closed
  • On Site: 417 Days
  • ID#: 10521990
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,270
SQFT
$0
$/SQFT
1936
Built
Neighborhood:
Colonial Place
Area:
11 - West Norfolk
Elementary School:
Granby Elementary
Middle School:
Blair Middle
High School:
Maury
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.
Exterior Features

Exterior Siding BrickStucco Fence Description Partial Foundation Type BasementCrawl Roof Asphalt ShinglePoly Skin Style Over/Under Waterfront Description Not Waterfront Waterfront YN No

Interior Features

Water Heater Type Electric

Property Features

Contingency Exists Non Contingent Disclosure Disclosure Statement Meters Separate Electric Neighborhood Name COLONIAL PLACE New Construction YN No Ownership Type Simple Possession SETTLEMENT Sewer Type City/County Tax Amount Approx 5914 Water Type City/County

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