Address
1312 Cypress AVE, Virginia Beach, VA
Price
$ 1,150,000
Property Attributes
  • MLS#10512592
  • TypeMulti-Family
  • CountyVIRGINIA BEACH CITY
  • CityVirginia Beach
  • AreaNortheast Virginia Beach
  • NeighborhoodBeach Borough
  • Zip23451
  • Style
  • Year Built1937
  • Taxes$ 9000
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2860
Data Source:
Real Estate Information Network (REIN)
Property Description

Incredible investment opportunity in a premier growth region at the Oceanfront! In the heart of Virginia Beach's ViBe District, eight blocks to the ocean and near the new Wave Park site. **1312 Cypress Ave is now being sold separately** Experience the magic of this impeccably curated, one of a kind designer haven that includes 4 pink bungalows w/ 3 rental units on the lot. Blending luxury design w/ southern charm, this property gifts both owners and renters an unmatched and inspired experience. 1312 Cypress Ave has 3 yearly rental units and is priced based on 2023 appraisal, also has the potential as an event space. Expertly marketed in both print and televised media, this turnkey rental sanctuary earns a good return while land appreciates and has established followers. Seeing is believing when walking through these exceptionally designed bungalows!

Elementary School Middle School High School
W.T. Cooke Elementary Virginia Beach Middle First Colonial High School

General Features

Water Type City/County
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Asphalt Shingle
Zoning R5D
Style Other
Property Type Multi Family Residential
Area 43 - Northeast Virginia Beach
Subdivision Name BEACH BOROUGH
Sub Type Triplex
Elementary School W.T. Cooke Elementary
High School First Colonial
Middle School Virginia Beach Middle

Interior Features

Water Heater Type Gas

Exterior Features

Fence Description Full
Sewer Type City/County
Lot Features Corner,Patio
Siding Fiber Cement,Vinyl
Foundation Crawl,Sealed/Encapsulated Crawl Space

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 23451

Price
AVG $1.15M
$1.15M
Taxes
AVG $8,392
$9,000
Visits
AVG 270
335
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1937