43
See all 43 photos
$1,190,000
Est. payment /mo
2,946 SqFt
Price Dropped by $60K
316 16th ST Virginia Beach, VA 23451
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,946 sqft
Price per Sqft $403
Subdivision Beach Borough
MLS Listing ID 10637846
Style Over/Under
HOA Y/N No
Year Built 1940
Annual Tax Amount $5,788
Lot Size 2946.000 Acres
Property Sub-Type Triplex
Property Description
Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.
Location
State VA
County Virginia Beach
Area 43 - Northeast Virginia Beach
Zoning A12
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 W.T. Cooke Elementary
Middle Schools Virginia Beach Middle
High Schools First Colonial
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Listed by Iron Valley Real Est Norfolk
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