Address
701 Rumph WAY, Newport News, VA
Price
$ 950,000
Property Attributes
- MLS#10525891
- TypeCommercial
- CountyNEWPORT NEWS CITY
- CityNewport News
- AreaNewport News Midtown East
- NeighborhoodIvy Farms
- Zip23601
- StyleCommercial/Industrial
- Year Built1962
- Taxes$ 5133
- Price$ 950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage29621
- Lot Size0.68 Acres
Data Source:
Real Estate Information Network (REIN)
Property Description
Newly renovated (2021) commercial building, now transformed into a thriving 15-unit motel. Each unit boasts two bedrooms, a convenient kitchenette, and a full bath. Recently upgraded with a brand-new roof installed in February 2024, this property ensures both durability and peace of mind for years to come. Strategically located within close proximity to public transportation, guests can easily explore the area's attractions. This property presents an enticing opportunity for investors seeking a turnkey property primed for success.
General Features
| Construction | Block |
|---|---|
| Heating | Electric |
| Cooling | Window/Wall |
| Utilities | City Sewer,City Water,Electric |
| Ownership Type | Simple |
| Use Type | Motel |
| Features | Mini Kitchen,Priv Restrms |
| Roof | Asphalt Shingle |
| Parking | Close to Mass Transit,Paved,1-25 Spcs |
| Zoning | C1 |
| Property Type | Commercial/Industrial |
| Area | 107 - Newport News Midtown East |
| Subdivision Name | IVY FARMS |
| Location | Faces Front |
| Sub Type | Purchase |
Interior Features
| Flooring Type | Laminate/LVP |
|---|---|
| Units Total Number | 15 |
Exterior Features
| Siding | Other |
|---|---|
| Foundation | Slab |
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 Commercial Average in 23601
Price
Visits
Year Built
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