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37 Farragut St

Portsmouth, VA 23702
  • $539,900
  • STATUS: Active Under Contract
  • ON SITE: 14 Days
  • ID#: 10581651
Under Contract
UPDATED: 52 min ago
$539,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,400
    SQFT
  • $123
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918

School Information

Elementary School:
Middle School:
High School:

Description

This cash flowing quadplex is a rare find in the heart of Portsmouth! Featuring four generously sized 3 bedroom units, each offering 1,100 square feet of living space, this well-maintained asset is poised to deliver immediate income and future upside. Two of the four units are currently secured under one year leases at $1,900+ per month, providing reliable, built-in revenue. Located just minutes from the Norfolk Naval Shipyard, Portsmouth Naval Hospital, and vibrant Downtown Portsmouth, tenants enjoy easy access to major employers, transit, and amenities. Whether youre expanding your portfolio or entering a thriving rental market, this property checks all the boxes for dependable returns and long term value. Dont miss this prime opportunity to own a high performing, centrally located asset in one of Hampton Roads' most active rental corridors.

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www.search7cities.com/homes/163296230
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37 Farragut St Portsmouth, VA 23702

  • Price: $539,900
  • Status: Active Under Contract
  • On Site: 14 Days
  • Updated: 52 min ago
  • ID#: 10581651
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,400
SQFT
$123
$/SQFT
1918
Built
Neighborhood:
Cradock
Area:
21 - Central Portsmouth
Elementary School:
Cradock Elementary
Middle School:
Cradock Middle
High School:
Manor High
Property Description
This cash flowing quadplex is a rare find in the heart of Portsmouth! Featuring four generously sized 3 bedroom units, each offering 1,100 square feet of living space, this well-maintained asset is poised to deliver immediate income and future upside. Two of the four units are currently secured under one year leases at $1,900+ per month, providing reliable, built-in revenue. Located just minutes from the Norfolk Naval Shipyard, Portsmouth Naval Hospital, and vibrant Downtown Portsmouth, tenants enjoy easy access to major employers, transit, and amenities. Whether youre expanding your portfolio or entering a thriving rental market, this property checks all the boxes for dependable returns and long term value. Dont miss this prime opportunity to own a high performing, centrally located asset in one of Hampton Roads' most active rental corridors.
Exterior Features

Exterior Siding Vinyl Fence Description FullPrivacyWood Fence Foundation Type Slab Lot Depth 92' Lot Dimensions 106'X92'X104'X92' Lot Front 106' Roof Asphalt Shingle Style Side by Side Waterfront Description Not Waterfront Waterfront YN No

Interior Features

Water Heater Type Electric

Property Features

Contingencies Home/EIFS Insp. Con. Contingency Exists Contingent Disclosure Disclosure Statement Meters Separate ElectricWater New Construction YN No Ownership Type Simple Possession SETTLEMENT Sewer Type City/County Tax Amount Approx 3775 Water Type City/County Zoning HR

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