$595,000
$549,988
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1711 E Ocean View AVE Norfolk, VA 23503
2,575 SqFt
Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,575 sqft
Price per Sqft $231
Subdivision Ocean View
MLS Listing ID 10568076
Sold Date 03/13/25
Style Side by Side
HOA Y/N No
Year Built 1940
Annual Tax Amount $7,349
Property Sub-Type Triplex
Property Description
Updated/Renovated/Furnished TRIPLEX in prime Ocean View neighborhood across from the Chesapeake Bay with direct access to the gorgeous Bay beaches! Perfect opportunity for owner-occupant or investor! Updated 2,100+ sq ft townhome-style brick duplex + 468 sq ft cottage + 393 sq ft detached garage. Lot accommodates plenty of parking. Unit A and B have laundry in the units. Additional basement laundry for all units. DOES NOT REQUIRE FLOOD INSURANCE! Cottage, Unit C is available for viewing. 3 bd, Unit A will be available soon. A and B units can be seen as a condition of written purchase offers. Unit A is renting at $2,200 per month, Unit B rents at $1,995, Cottage rents at $1795. Plenty of attic space above garage. Tenants are currently on month-to-month lease terms. Most tenants have come from Airbnb and Furnished Finders. Priced $47,000 below assessment. This is an exceptional investment opportunity.
Location
State VA
County Norfolk
Area 13 - North Norfolk
Zoning R-12
Interior
Hot Water Gas
Exterior
Garage Spaces 396.0
Fence Chain Link
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle,Composite
Building
Foundation Basement, Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Bay View Elementary
Middle Schools Azalea Gardens Middle
High Schools Norview
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with The Real Estate Group