Description
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTYConveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month agreement, providing an excellent opportunity for rental income from day one with future lease flexibility.The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space. Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk’s entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close.The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!
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1BEDS
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0.01ACRES
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1BATHS
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11/2 BATHS
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1,132SQFT
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$199$/SQFT
School Information
Description
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTYConveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month agreement, providing an excellent opportunity for rental income from day one with future lease flexibility.The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space. Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk’s entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close.The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!
