1075 W Ocean View Avenue, Norfolk, VA 23503

$1,350,000

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List Price
$1,350,000
Status
NEW LISTING
MLS#
10647916
Year Built
1962
County
Norfolk VA
City
North Norfolk
Subdivision
Willoughby Beach

Property Description

Just one block from the Chesapeake Bay, 1075 W Ocean View Ave offers a rare opportunity to acquire a fully renovated, professionally managed 8-unit apartment building in one of Norfolk's most sought-after coastal rental markets. Comprised of four one-bedroom and four two-bedroom residences, the property underwent an extensive renovation in 2021, featuring modern interiors, updated building systems, mini-split HVAC throughout, repaved parking, and inviting outdoor common spaces. Additional features include 10 off-street parking spaces and an on-site laundry room. Just minutes from Naval Station Norfolk, I-64, and Ocean View's beaches, this turnkey investment combines strong in-place income with long-term upside in one of the region's most resilient multifamily corridors.

Additional Information

Heating
Electric
Cooling
Other
Roof
Asphalt Shingle
Floors
Laminate/LVP
Exterior
Vinyl
Parking Description
Assigned/Reserved, Multi Car, Driveway Spc
Elementary School
Willoughby Elementary
Middle School
Northside Middle School
High School
Granby
Contingency Exists
Non Contingent

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Calculator source: Real Geeks

Listing courtesy of BHHS RW Towne Realty.

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