For Sale
$675,000

9611 3Rd View St Norfolk, VA 23503

Four-unit apartment building, high occupancy.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a charming two-story, four-unit apartment building situated in the desirable Ocean View neighborhood of Norfolk, Virginia. Built in 1925, this property boasts 3,600 square feet on an 11,006 square foot lot and is zoned C-2. The building currently enjoys 75% occupancy, with three units generating rental income. Unit A, a beautifully remodeled unit featuring new electric heat pumps, granite countertops, ceramic tile, stainless steel appliances, and original hardwood floors, is currently vacant and ready for immediate occupancy by an owner, tenant, or as a potential Airbnb rental. Unit B commands a monthly rent of $1250, while Unit C also rents for $1250 per month. Unit D, recently renovated, generates a monthly rental income of $1500. The property's address is 9611 3rd View St, Norfolk, VA 23503, and is offered at an asking price of $675,000. This is a fantastic opportunity to acquire a well-located multifamily property with strong rental potential in a vibrant coastal community. The property features simple ownership and presents a solid return on investment. The APN is 38301700.

Highlights

  • $675,000 asking price for this four-unit apartment building.
  • 3,600 square feet on an 11,006 square foot lot.
  • 75% occupancy with three units currently rented.
  • Four units total, in a two-story, 1925-built building.
  • Located at 9611 3rd View St, Norfolk, VA 23503, with C-2 zoning.
  • Simple ownership.

Property Details for 9611 3Rd View St

Property type
Apartment buildings
Square Feet
3,600 SF
Year Built
1925
Buildings
1
Stories
2
Units
4

Location Insight

City
Norfolk
County
Norfolk City
State
Virginia
Latitude
36.9587011
Longitude
-76.2605135

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FAQs

What type of property is this?
Apartment building - Four-unit apartment building, high occupancy.
Where is the apartment building located?
The property is located at 9611 3Rd View St Norfolk, VA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: $675,000 asking price for this four-unit apartment building.; 3,600 square feet on an 11,006 square foot lot.; 75% occupancy with three units currently rented.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Judy Boone
Judy Boone

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3Rd View St
Norfolk, VA 23503

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3Rd View St
Norfolk, VA 23503

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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9611 3Rd View St
  • Judy Boone
    Judy Boone
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