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1005 Hillside Ave

Norfolk, VA 23503
  • $970,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: 10610601
UPDATED: 37 min ago
$970,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974

School Information

Elementary School:
Middle School:
High School:

Description

Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market.Each unit is on separate utility meters, simplifying management and boosting net income by shifting utility costs to residents. Located in a highly desirable, beachside neighborhood with strong rental demand, this property is ideal for investors seeking stable cash flow, modern finishes, and a prime Norfolk location near sand, surf, and local amenities.

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www.search7cities.com/homes/170028289
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1005 Hillside Ave Norfolk, VA 23503

  • Price: $970,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 37 min ago
  • ID#: 10610601
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1974
Built
Neighborhood:
Ocean View Cottage
Area:
13 - North Norfolk
Elementary School:
Norview Elementary
Middle School:
Norview Middle
High School:
Norview
Property Description
Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market.Each unit is on separate utility meters, simplifying management and boosting net income by shifting utility costs to residents. Located in a highly desirable, beachside neighborhood with strong rental demand, this property is ideal for investors seeking stable cash flow, modern finishes, and a prime Norfolk location near sand, surf, and local amenities.
Exterior Features

Construction Frame Exterior Siding BrickVinyl Foundation Type Crawl Garage YN No Parking LotOff StreetStreet Roof Asphalt Shingle

Interior Features

Cooling Central Air Dishwashers 0 Disposals 0 Dryers 3 Flooring Type Laminate/LVP Furnished YN No Heating Heat Pump W/A Ranges 4 Refrigerators 4 Washers 3 Water Heater Type Electric

Property Features

Apartment Type Other Contingency Exists Non Contingent Disclosure Disclosure Statement Neighborhood Name OCEAN VIEW Ownership Type Simple Possession SETTLEMENT Tax Amount Approx 6206 Utilities City SewerCity WaterElectric Zoning R-12

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