Address
531 Edwards ST, Portsmouth, VA
Price
$ 89,900
Property Attributes
  • MLS#10528791
  • TypeContingent
  • CountyPORTSMOUTH CITY
  • CityPortsmouth
  • AreaCentral Portsmouth
  • NeighborhoodSouthside
  • Zip23704
  • StyleLand and Farms
  • Taxes$ 748
  • Price$ 89,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,148 SqFt
Data Source:
Real Estate Information Network (REIN)
Property Description

Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Perfect location nearby Downtown Portsmouth, I-264, the Downtown Tunnel close of Norfolk Naval Shipyard. Property is about 75 x 120 or 9,000 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are not other similar properties for sale for the multifamily builder/investor.

Elementary School Middle School High School
Brighton Elementary Churchland Middle Manor High

General Features

Road Frontage City / County
Use Possible Multi Family,Residential
Utilities City Sewer,City Water,Electric,Gas
Ownership Type Simple
Waterfront Description Not Waterfront
Zoning UR-M
Property Type Land and Farms
Area 21 - Central Portsmouth
Subdivision Name SOUTHSIDE
Contingencies Call Listing Agent
Elementary School Brighton Elementary
High School Manor High
Middle School Churchland Middle

Exterior Features

Lot Depth 120
Tree Description Partial
Improvements Curbs,Drainage Gutters,Sidewalks
Lot Front 75
Road Surface Paved
Fence Description None
Buildings None
Land Description In Subdivision,Interior
Lot Size Less Than 1/4 Acre

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 23704

Price
AVG $250K
$90K
Taxes
AVG $2,616
$748
Visits
AVG 306
46
Data Provided by Inside Real Estate®