16
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$300,000
Est. payment /mo
4,000 SqFt
New
73 Decatur ST Portsmouth, VA 23702
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $75
Subdivision Cradock
MLS Listing ID 10632746
Style Side by Side
HOA Y/N No
Year Built 1928
Annual Tax Amount $1,750
Lot Size 4000.000 Acres
Property Sub-Type Quadruplex
Property Description
Fantastic Cash-flow Opportunity. Quadplex featuring two 3BR/1BA units and two 2BR/1BA units. Property needs repairs and updates, which is reflected in the price. Once improved and fully occupied, projected rent is $4,000+/month.
Priced well below market—recent comparable quadplex sales in similar condition have closed at $360,000 and $375,000.
Convenient location: 6 minutes to Rivers Casino, and under 20 minutes to ODU and NSU.
Priced well below market—recent comparable quadplex sales in similar condition have closed at $360,000 and $375,000.
Convenient location: 6 minutes to Rivers Casino, and under 20 minutes to ODU and NSU.
Location
State VA
County Portsmouth
Area 21 - Central Portsmouth
Zoning HR
Interior
Hot Water Electric
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Cradock Elementary
Middle Schools Cradock Middle
High Schools Manor High
Others
Senior Community No
Ownership Simple
Miscellaneous Fixer Upper
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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