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401 Maryland Ave

Portsmouth, VA 23707
  • $1,100,000
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: 10610808
UPDATED: 39 min ago
$1,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985

School Information

Elementary School:
Middle School:
High School:

Description

Nicely updated brick building featuring ten 1-bedroom apartments, each approx. 724 sq ft with large, flexible rooms. Current layouts offer spacious 1BR living, but the generous square footage provides a potential value-add path to convert to 2-bedroom units (subject to zoning and approvals), creating strong upside in both rent and property value. Renovations include modern finishes, refreshed kitchens/baths, and clean common areas, making this an attractive turnkey asset today with excellent future potential. Prime Portsmouth location close to shipyards, interstates, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.

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www.movetovb.com/homes/170148141
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401 Maryland Ave Portsmouth, VA 23707

  • Price: $1,100,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 39 min ago
  • ID#: 10610808
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
Port Norfolk
Area:
21 - Central Portsmouth
Elementary School:
Waterview Elementary
Middle School:
Churchland Middle
High School:
Churchland
Property Description
Nicely updated brick building featuring ten 1-bedroom apartments, each approx. 724 sq ft with large, flexible rooms. Current layouts offer spacious 1BR living, but the generous square footage provides a potential value-add path to convert to 2-bedroom units (subject to zoning and approvals), creating strong upside in both rent and property value. Renovations include modern finishes, refreshed kitchens/baths, and clean common areas, making this an attractive turnkey asset today with excellent future potential. Prime Portsmouth location close to shipyards, interstates, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.
Exterior Features

Construction FrameRenovated Exterior Siding Vinyl Foundation Type Crawl Garage YN No Parking LotOff StreetStreet Roof Asphalt Shingle

Interior Features

Cooling Central Air Dishwashers 10 Disposals 10 Dryers 3 Flooring Type Laminate/LVP Furnished YN No Heating Heat Pump W/AProgrammable Thermostat Ranges 10 Refrigerators 10 Washers 3 Water Heater Type Electric

Property Features

Apartment Type Other Contingency Exists Non Contingent Disclosure Disclosure Statement Features Dryer HookupWasher HookupWindow Treatments Ownership Type Simple Possession CLOSING Tax Amount Approx 8503 Utilities City SewerCity WaterElectric Zoning HR

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