Norfolk, VA 23503,1711 E Ocean View AVE

$595,000

Est. payment /mo

$549,988

8.2%
Est.Price: ?

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1711 E Ocean View AVE Norfolk, VA 23503

2,575 SqFt

SOLD DATE : 03/13/2025

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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Real Estate Information Network (REIN)
Listed by KW Allegiance
Bought with The Real Estate Group
agent

Raquel Harrell

Broker/Realtor | License ID: 0225261915

+1(757) 955-5692

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