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About This Home

This 0-bedroom, 0-bathroom commercial at 1300 Bainbridge Boulevard in Chesapeake, VA is listed for $435,000 ($109 per sqft). Built in 1920, the home offers 4,000 sqft of living space on a 0.11 acres lot.

Agent Description

Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments.

The Gross Monthly Rents total $3,825 and there are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk!

The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS!

Key Features

  • Built in 1920
  • 0.12 acre lot

Property Details

1920

Amenities

A/C

Monthly Cost Estimate

$2,326/mo

20% down · 6.5% · 30 years

Principal$315
Interest$1,885
Insurance$127

Estimates only. Actual payments may vary.

Location

1300 Bainbridge Boulevard

Chesapeake, VA 23324

SOUTH NORFOLK

Property Details

Parking

Off Street

Heating

Forced AirHeat Pump (Heating)Natural Gas

Cooling

Wall/Window Unit(s)Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1300 Bainbridge Boulevard is listed at $435,000 ($109/sqft). The estimated monthly payment is $1,885 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.12 acre lot.

This property is listed by George Trotman and can be reached at (757) 690-0439 or gtrotman@rwtowne.com.

GT

George Trotman

Agent at BHHS RW Towne Realty

(757) 690-0439

Listed by BHHS RW Towne Realty · View on Broker Site

MLS# 10603705· Source: listhub· Updated 248 days ago

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1300 Bainbridge Boulevard, Chesapeake, VA 23324

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