1517 E Indian River Road
Norfolk, VA 23523
MLS #10117212

Apartment Building
  • 3units
$125,000
Est. P&I payment: $477.42/mo
1517 E Indian River Road, Norfolk, VA 23523
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Description for 1517 E Indian River Road, Norfolk, VA 23523
Investors look no further. This is the one you want. Approx 2100 square feet of positive cash flow. Tax records has unit as a duplex but is actually a 3 unit property. 1 bed 1 bath for two bottom units and 3 bed 1 bath for top unit. Over $1900/mo gross income potential. consistent rental history. Bottom two units occupied. Top unit currently vacant and available to be shown. Previous tenant was there for 10 years. Roof less than 1 year old. Water heater, plumbing and electrical replaced within last 5 years. Owner also selling 4plex at 1819 Tidewater Dr. (MLS 10117214) If purchased together, 25,000 discount for total of $350,000 for the two combined.
MLS #10117212
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My Notes for MLS #10117212

General Features

  • Status: Active
  • Year Built Approx: 1950
  • Ownership Type: Simple
  • Property Type: Apartments 3+
  • Property Type Cross Prop: Apartments 3+
  • Type of Apartment: Other
  • Units Total Number: 3
  • Zoning: R-11

Utility Features

  • Utilities: City Sewer,​City Water,​Electric Avail,​Telephone Avail
  • Cooling: None
  • Heating: Basebd
  • Water Heater Type: Electric

Financial Features

  • Tax Amount Approx: 1,436

Interior Features

  • Flooring Type: Wood

Exterior Features

  • Construction: Frame
  • Foundation Type: Crawl
  • Exterior Siding: Aluminum
  • Parking: Driveway Spc,​Off Street
  • Roof: Asphalt Shingle
  • Stories Number: 2

Miscellaneous Features

  • Contingency Exists: Non Contingent
  • Possession: SETTLE
  • Disclosure: Disclosure Statement

Community Features

  • Area: 12 - East Norfolk
  • Subdivision Name: CAMPOSTELLA
  • Subdivision Number: 13

Schools Features

  • Elementary School: Campostella Elementary
  • Middle School: Lake Taylor Middle
  • High School School: Lake Taylor

Location

 
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The listing information for 1517 E Indian River Road, Norfolk, VA 23523 was graciously provided by our friends at the listing brokerage, Keller Williams Elite Twn Ctr

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P&I Payment $477.42
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Last Updated 09/19/2017 at 12:21pm
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