1139 E Leicester Avenue, Norfolk, VA 23503

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List Price
$500,000
Status
NEW LISTING
MLS#
10656332
Year Built
1931
Style
Over/Under
Living Area
2,400
County
Norfolk VA
City
North Norfolk
Subdivision
Ocean View
Neighborhood
Kenilworth

Property Description

Investment opportunity or live in one and let the other help offset your mortgage! Updated Ocean View duplex offering two spacious 3BR/2BA units, plus a detached storage garage. Unit 1 is vacant and move-in ready, while Unit 2 has a long-term tenant in place. Significant improvements include a newer roof, windows, downstairs HVAC and flooring, updated appliances, reconfigured first-floor layout, new second bath and tankless water heater. Historical annual rents exceeded $38,000, with projected annual rental income of approximately $45,000. Whether you're looking to add a solid income-producing property to your portfolio or create a smart owner-occupant opportunity, this duplex offers flexibility, strong rental potential and substantial improvements already completed.

Additional Information

Roof
Asphalt Shingle
Exterior
Vinyl
Waterfront Description
Not Waterfront
Sewer
City/County
Elementary School
Oceanair Elementary
Middle School
Northside Middle School
High School
Norview
Contingency Exists
Non Contingent
Days on Market
1

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Calculator source: Real Geeks

Listing courtesy of BHHS RW Towne Realty.

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