320 London ST, Portsmouth, VA 23704
320 London ST, Portsmouth, VA 23704
320 London ST, Portsmouth, VA 23704
320 London ST, Portsmouth, VA 23704
320 London ST, Portsmouth, VA 23704
320 London ST, Portsmouth, VA 23704
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Chris Harris

Chris Harris

+1(757) 581-0841
$ 385,000
Est. payment | /mo
Save
$ 385,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Olde Towne - 119

MLS Listing ID 10651284

HOA Y/N No

Year Built 1870

Annual Tax Amount $5,479

Property Description

Tremendous investment opportunity offered at a great price in Olde Towne Portsmouth! Ready for a buy and hold or update and dramatically increase equity. 3 Units: Building sq ft: 3,430, All units have central AC. All units have auto 1 yr renewal, 60 day renewal notice periodUnit 1A: 2 bedroom, 1 bath, sq ft. Rents for $1,500 a month*Lease end date 01/31/2025 Unit 2A: 1 bedroom, 1 bath, 700 sq ft. Rents for $800 a month (barely raised in 10 years)*Lease end date 10/31/2017 Unit 2B: 1 bedroom, 1 bath, 700 sq ft. Rents for $825 a month*Lease end date 03/31/2019Total Rental Income: $3,125

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning HLO

Interior

Hot Water Gas

Heating Nat Gas

Cooling Central Air

Flooring Carpet, Ceramic, Wood

Exterior

Parking Features Lot, Off Street, Street

Utilities Available City Sewer, City Water, Electric, Gas, Meter

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Basement

Schools

Elementary Schools Park View Elementary

Middle Schools Churchland Middle

High Schools Ic Norcom

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, Historical District

Special Listing Condition Disclosure Statement, Historical District

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Listed by LPT Realty LLC
Chris Harris

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+1(757) 581-0841

chrisharrisrealestate@gmail.com

USA

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320 London ST