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About This Home
This 0-bedroom, 0-bathroom residential multi family at 316 16th Street in Virginia Beach, VA is listed for $1,250,000 ($424 per sqft). Built in 1940, the home offers 2,946 sqft of living space on a N/A lot.
Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential.
The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals.
Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.
Key Features
- Built in 1940
Property Details
Monthly Cost Estimate
$6,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
316 16th Street
Virginia Beach, VA 23451
BEACH BOROUGH
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 316 16th Street is listed at $1,250,000 ($424/sqft). The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.
Key features include: Built in 1940.
This property is listed by Carrie Copenhaver and can be reached at (757) 900-4873 or carriecopenhaver@gmail.com.
