Address
736 Michigan AVE, Norfolk, VA
Price
$ 680,000
Property Attributes
  • MLS#10521990
  • TypeContingent
  • CountyNORFOLK CITY
  • CityNorfolk
  • AreaWest Norfolk
  • NeighborhoodColonial Place
  • Zip23508
  • StyleOver/Under
  • Year Built1936
  • Taxes$ 5914
  • Price$ 680,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3270
Data Source:
Real Estate Information Network (REIN)
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.

Elementary School Middle School High School
Granby Elementary Blair Middle Maury High School

General Features

Water Type City/County
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Asphalt Shingle,Poly Skin
Style Over/Under
Property Type Multi Family Residential
Area 11 - West Norfolk
Subdivision Name COLONIAL PLACE
Sub Type Quadruplex
Neighborhood Name COLONIAL PLACE
Elementary School Granby Elementary
High School Maury
Middle School Blair Middle

Interior Features

Water Heater Type Electric

Exterior Features

Fence Description Partial
Sewer Type City/County
Siding Brick,Stucco
Foundation Basement,Crawl

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 Contingent Average in 23508

Price
AVG $380K
$680K
Taxes
AVG $4,199
$5,914
Visits
AVG 307
269
Data Provided by Inside Real Estate®
Year Built
AVG 1938
1936