Address
1526 W 40th ST, Norfolk, VA
Price
$ 499,900
Property Attributes
  • MLS#10524490
  • TypeContingent
  • CountyNORFOLK CITY
  • CityNorfolk
  • AreaWest Norfolk
  • NeighborhoodLamberts Point
  • Zip23508
  • StyleConverted S.F.
  • Year Built1905
  • Taxes$ 5098
  • Price$ 499,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3050
Data Source:
Real Estate Information Network (REIN)
Property Description

Awesome Opportunity! Four Plex Close To ODU! Short Distance to Class and Games!! Unit 1A Is Vacant So Great Chance To Move In And Have The Other 3 Units Pay The Mortgage! Excellent Opportunity For Instant Cash Flow. Lots Of Loans Available For “Live In Buyer” Close To Bus Line, Restaurants, Shopping, Bases And Schools. Easy Access To ODU And EVMS. Nice Units In Nice Condition. Community Laundry Room. Off Street Parking Which Is Unusual In This Area! Rental Income Potential $4500-$5500. Tenants Pay Their Own Utilities. Don’t Miss Your Chance To Own This Four Plex Next To ODU!

Elementary School Middle School High School
Larchmont Elementary Blair Middle Maury High School

General Features

Water Type City/County
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Asphalt Shingle
Zoning R-8
Style Converted S.F.
Property Type Multi Family Residential
Area 11 - West Norfolk
Subdivision Name LAMBERTS POINT
Contingencies Home/EIFS Insp. Con.
Sub Type Quadruplex
Elementary School Larchmont Elementary
High School Maury
Middle School Blair Middle

Interior Features

Water Heater Type Electric

Exterior Features

Fence Description Back Fenced
Sewer Type City/County
Siding Vinyl
Foundation 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 $390K
$500K
Taxes
AVG $4,323
$5,098
Visits
AVG 325
170
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1905