320 London Street, Central Portsmouth, VA 23704
- $385,000
- List Price
- $385,000
- Status
- ACTIVE
- MLS#
- 10651284
- Year Built
- 1870
- County
- Portsmouth VA
- City
- Central Portsmouth
- Subdivision
- Olde Towne - 119
- Neighborhood
- Olde Towne
Property Description
Tremendous investment opportunity offered at a great price in Olde Towne Portsmouth! Ready for a buy and hold or update and dramatically increase equity. 3 Units: Building sq ft: 3,430, All units have central AC. All units have auto 1 yr renewal, 60 day renewal notice periodUnit 1A: 2 bedroom, 1 bath, sq ft. Rents for $1,500 a month*Lease end date 01/31/2025 Unit 2A: 1 bedroom, 1 bath, 700 sq ft. Rents for $800 a month (barely raised in 10 years)*Lease end date 10/31/2017 Unit 2B: 1 bedroom, 1 bath, 700 sq ft. Rents for $825 a month*Lease end date 03/31/2019Total Rental Income: $3,125
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Additional Information
- Heating
- Nat Gas
- Cooling
- Central Air
- Roof
- Asphalt Shingle
- Floors
- Carpet, Ceramic, Wood
- Exterior
- Vinyl, Wood
- Parking Description
- Lot, Off Street, Street
- Elementary School
- Park View Elementary
- Middle School
- Churchland Middle
- High School
- Ic Norcom
- Contingency Exists
- Non Contingent
- Days on Market
- 8
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Listing courtesy of LPT Realty LLC.
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