REP | 3704 South St, Portsmouth, VA 23707

3704 South St, Portsmouth, VA 23707

1 Bedrooms / 1.5 Baths / Multiple Family

Property Status: For Sale | $451,500.00 |

Property Photos

Quadplex for sale in Portsmouth!

Property Status:
For Sale | $451,500.00

Request To See This Property

Property Details:

Property Style:

2-Story

Finished Sq. Ft:

3,272

Basement:

No Basement

Owner/Agent:

Real Estate Agent

Share this Property

This property features two separate duplexes on a single parcel. One building has two units, each consisting of one bedroom, one bathroom. The other building has two units with one bedroom 1.5 bathrooms. Properties sold as package deal only.

The units boasts: extra large floor plans, making this property an atractive rental option. Each unit has its own washer and dryer hook
up. The property also offers off street parking and private backyard.
Current rents at $750-$950 are well below market value due to long term tenants.

Value added opportunity:
Rent below market value due to long term tenants. Possibility for rent
increases. Estimated fair market value $1100 - $1200.
Some units have interior renovations completed.
Some units have new HVAC systems. One duplex can easily be transformed into a two bedroom 1.5 bathrooms.

Transit oriented: Easy access to I-64 and I - 264.
Easy access to downtown Portsmouth, Norfolk and Suffolk

Legal Disclaimer:
Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned. Click on the link above to contact the Property Owner about this property.

We Buy Houses

Buy - Sell - Rent - Invest

NextGen Virginia Realty