1221 Park Ave, Chesapeake, 23324

Duplex - Quadruplex, Quadraville For Sale in South Norfolk

$220,000

Beds
Baths
2,980Sqft
1903Built
333DOM
MLS® #: 10227104
Under Contract, 333 Days on Market

Investors Special!!! Main house has 3 apartments, each has own kitchen and bath. An exterior staircase/entrance and a wall will need to be added between Units 1 and 2 in order to keep them completely separated. Attached garage has 2 bays and another separate storage area. New garage doors with openers and remotes. 3rd area can be accessed by pedestrian door and could be used by Unit 3 (add a gate in fence). Separate electric meters for all FOUR units. ONE water meter for all. Current condition of big house will need CASH or 203k financing. Little house (1336 Jackson) in very good condition! Renovated to the studs inside...new plumbing, electrical, HVAC (2 wall units with remotes), windows, appliances, insulation, water heater, flooring, bathroom, roof, and deck. It has its own separate driveway. With some TLC, possible rental income of $2800+ per month. Unit 1-$700+, Unit #2-$700+, Unit #3-$500+, Unit #4-$900+. 2 houses, one tax bill, MUST be sold together!

Essential Information

MLS® #: 10227104
Price: $220,000
Bathrooms: 0.00
Square Footage: 2,980
Acres: 0.00
Year Built: 1903
Type: Duplex
Sub-Type: Quadruplex, Quadraville
Style: Converted S.F., Other
Status: Under Contract

Community Information

Address: 1221 Park Ave
Area: Central Chesapeake
Subdivision: South Norfolk
City: Chesapeake
State: VA
Zip Code: 23324

Amenities

Waterfront: Not Waterfront

Exterior

Exterior: Vinyl, Wood
Roof: Asphalt Shingle
Foundation: Basement

School Information

Elementary: Rena B. Wright Primary
Middle: Oscar Smith Middle
High: Oscar Smith

Additional Information

Days on Market: 333
Zoning: RSFA1

Listing Details

Listing Courtesy of: Rose & Womble Realty Company

Financials

$/SqFt: $74
Annual Taxes: $1,613
Listing Courtesy of: Rose & Womble Realty Company

Properties for Sale Similar to 1221 Park Ave, Chesapeake, VA

Excellent Opportunity For Positive Cash Flow On...

Photo of Listing #10282570

$220,000 Under Contract

  • 3,195 ft²

Duplex

4112 Hamilton St, Chesapeake, VA

MLS® #10282570

Excellent Opportunity For Positive Cash Flow On This Stately Historic Home Built In The 1700's, Transferred To Current Waterfront Location On Mill Dam Creek In 1939. Deep, Treed Setting With Ability To Kayak From Backyard. 4-units, 2up/2down. New Elec Servi...