About This Home

This 0-bedroom, 0-bathroom residential multi family at 143 W Balview Avenue in Norfolk, VA is listed for $650,000 ($250 per sqft). Built in 1900, the home offers 2,600 sqft of living space on a N/A lot.

Key Features

  • Built in 1900

Property Details

1900
Listing Description

Exceptional income producing property just one block from the beach! This 4-unit apartment building features four 1BR/1BA units, all currently rented with tenants who wish to renew, providing immediate income. Appointment needed for showings. Recent updates include new mini-split HVAC systems in all units (2023), fresh interior paint (2024), new roof (2020), new PVC plumbing, new fencing, and Ring cameras that convey.

Units are separately metered for gas and electric with one shared water meter. Units 1, 3, and 4 share a common washer/dryer, while Unit 2 has its own private washer/dryer plus a renovated kitchen with quartz countertops, new cabinets, and appliances (2023). Unit 3 features updated cabinets, countertops, appliances, and LVP flooring. Unit 4 includes a new tiled shower (2024). Bonus common laundry/storage room. Walk to the beach, restaurants, shopping, and public transit.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

143 W Balview Avenue

Norfolk, VA 23503

OCEAN VIEW

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 143 W Balview Avenue is listed at $650,000 ($250/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900.

This property is listed by Nicholas Mironchik and can be reached at (757) 982-2915.

NM

Nicholas Mironchik

Agent at The Bryant Group

(757) 982-2915

Listed by The Bryant Group

MLS# 10641772· Source: listhub· 7 days on market

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143 W Balview Avenue, Norfolk, VA 23503

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