556 Broad St Portsmouth, VA 23707
8-Unit Apartment Building, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 8-unit apartment building in Portsmouth, VA, offering a 7.23% cap rate and $59,266 NOI.
- Prime location near I-264, Midtown Tunnel, downtown, Naval Hospital, and Coast Guard Base.
- High occupancy rate and strong rental history.
- Well-maintained units with recent updates, minimizing turnover.
Property Details for 556 Broad St
- Property type
- Apartment buildings
- Square Feet
- 6,168 SF
- Class
- B
- Year Built
- 1973
- Buildings
- 1
- Units
- 8
Location Insight
- City
- Portsmouth
- County
- Portsmouth City
- State
- Virginia
- Latitude
- 36.8450147
- Longitude
- -76.3354849
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 8-Unit Apartment Building, High ROI
- Where is the apartment building located?
- The property is located at 556 Broad St Portsmouth, VA.
- What is the asking price?
- The asking price for this property is $820,000.
- What are key features of this property?
- This property features: 8-unit apartment building in Portsmouth, VA, offering a 7.23% cap rate and $59,266 NOI.; Prime location near I-264, Midtown Tunnel, downtown, Naval Hospital, and Coast Guard Base.; High occupancy rate and strong rental history.
- How can I contact the broker?
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