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1228 Commerce Ave

Chesapeake, VA 23324
  • $275,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: 10573622
New On Site 5 Days Ago
UPDATED: 209 min ago
$275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,624
    SQFT
  • $169
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960

School Information

Elementary School:
Middle School:
High School:

Description

Updated Income-Producing Duplex " Turnkey Investment or Owner-Occupant Opportunity!This beautifully renovated duplex offers new paint, windows, gutters, flooring, trim, bathrooms, light fixtures, and ceiling fans throughout. Exterior upgrades include newly poured concrete steps, porch, and patio, plus a large backyard with a shed for extra storage. Currently rented at $1,350 per unit, with recent comps supporting up to $1,550, making this a fantastic investment with room for increased cash flow. Whether you're looking to expand your rental portfolio or live in one unit while renting out the other, this property is move-in ready and low maintenance. Located in a prime area with strong rental demand, this duplex is an excellent opportunity for investors and homeowners alike. Tenants pay all of their own utilities. Don't miss out"schedule your showing today! Home is being sold as is. Seller to make no repairs.

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www.search7cities.com/homes/161376511
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1228 Commerce Ave Chesapeake, VA 23324

  • Price: $275,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 209 min ago
  • ID#: 10573622
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,624
SQFT
$169
$/SQFT
1960
Built
Neighborhood:
South Norfolk
Area:
31 - Central Chesapeake
Elementary School:
Rena B. Wright Primary
Middle School:
Oscar Smith Middle
High School:
Oscar Smith
Property Description
Updated Income-Producing Duplex " Turnkey Investment or Owner-Occupant Opportunity!This beautifully renovated duplex offers new paint, windows, gutters, flooring, trim, bathrooms, light fixtures, and ceiling fans throughout. Exterior upgrades include newly poured concrete steps, porch, and patio, plus a large backyard with a shed for extra storage. Currently rented at $1,350 per unit, with recent comps supporting up to $1,550, making this a fantastic investment with room for increased cash flow. Whether you're looking to expand your rental portfolio or live in one unit while renting out the other, this property is move-in ready and low maintenance. Located in a prime area with strong rental demand, this duplex is an excellent opportunity for investors and homeowners alike. Tenants pay all of their own utilities. Don't miss out"schedule your showing today! Home is being sold as is. Seller to make no repairs.
Exterior Features

Exterior Siding BrickVinyl Fence Description None Foundation Type Crawl Lot Features Shed Roof Asphalt Shingle Style Side by Side Waterfront Description Not Waterfront Waterfront YN No

Interior Features

Water Heater Type Electric

Property Features

Contingency Exists Non Contingent Disclosure Disclosure StatementPet on Premises Energy Efficiency Water Heater-Tankless Meters Separate All New Construction YN No Ownership Type Simple Possession NEG School Other Truitt Intermediat Sewer Type City/County Tax Amount Approx 2155 Water Type City/County Zoning RSFA1

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