610 W Olney Road, Norfolk VA, VA 23507

$740,000
List Price
$740,000
Status
ACTIVE
MLS#
10366262
Contingencies
Home/EIFS Insp. Con.
Year Built
1900
County
Norfolk VA
City
West Norfolk
Subdivision
Ghent
Neighborhood
Ghent

Property Description

6 unit building in Ghent steps from EVMS, CHKD & Norfolk General. Close to Downtown Norfolk, shopping, great restaurants & Naval Bases. All six units are tenant occupied. One 3 bed, 1 bath unit, one 1 bed, 1 bath unit, two 2 bed, 1 bath units, two studios. Unit 6 & Unit 2 have dishwashers, one set of washer & dryer in basement - coin operated. 30 yr. arch shingle roof. Owner pays the water bill and common area electricity. Units 1,2 3 & 6 are heated by Goodman heat pumps, units are separately metered. Studio Units 4 & 5 are heated by electric wall units. Each unit has a separate hot water heater (7 total - one unit is for the washer). Current rents are unit #1- $915 (increasing to $940 7/1), Unit #2- $900, Unit #3- $875, Unit #4- $700, Unit #5- $740, Unit #6- $1290. Room to increase rents. No Flood Insurance Required!

Additional Information

Heating
Electric, Heat Pump W/A
Cooling
Central Air, Heat Pump
Roof
Asphalt Shingle, Slate
Floors
Carpet, Ceramic, Vinyl
Exterior
Vinyl
Parking Description
Street
Elementary School
Walter Herron Taylor Elementary
Middle School
Blair Middle
High School
Maury
Contingencies
Home/EIFS Insp. Con.
Contingency Exists
Contingent
Days on Market
24

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Elite-Western Branch.

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