$1,690,000
37.0115 -76.4516
FOR SALE

7303 River Rd Newport News, VA 23607

$1,690,000
Est. Monthly $10,313 with $20,633 in taxes recalculate
 

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CENTURY 21 Nachman Realty
1101 Richmond Road
Williamsburg, VA 23185
757.­220.8205
757.­220.8205
CENTURY 21 Nachman Realty
1101 Richmond Road Williamsburg, VA 23185
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7303 River Rd
Newport News, VA 23607

Explore This Property

Apartment - Incredible opportunity to own apartment complex on amazing waterfront property. Complex has a private beach and there is the possibility of installing a dock or boat slip. Community has 16 total units, each with their own garage. many of the units have incredible waterfront vies with spacious sunrooms/bedrooms/living rooms facing the water. Each unit has its own central air system. Property is currently a cooperative community and would need to have cooperative dissolved to use as apartments. Shareholders of the cooperative must be given a 30 day period to review all offers before any acceptance/rejection/counter can be made. Sale requires more than 2/3rd shareholder approval to accept any offers. Property shall be sold subject to all existing tenancies and current shareholders that desire to remain occupants as tenants shall be given the opportunity to apply with new ownership, as tenants, if the new ownership intended use is as apartment complex.
MLS # 10120784
Courtesy Of Chantel Ray Real Estate

Property Features

  • Age: Over 50 Years Old
  • Amenities: Pool, Water Front
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Exterior Type: Brick
  • Floor Covering: Carpet, Tile - Ceramic, Wood
  • Heating Fuel: Natural Gas
  • Heating System: Hot Water, Radiator
  • Parking Type: Garage, Off Street
  • Roof Type: Asphalt
  • View Type: Water

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $10,313Your estimated monthly payment
    $338,00020% Down Payment
    $1,690,000 $1,521,000 $20,633
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    CARVER ELEMENTARY SCHOOL
    Grades K-5 | Public School

    NEWPORT NEWS, VA 23605
    6160 JEFFERSON AVE
    757-591-4950
    1.0
    miles

    Total Students 740
    Student Teacher Ratio 15:1
    View School Details
    Middle School
    CRITTENDEN MIDDLE SCHOOL
    Grades 6-8 | Public School

    NEWPORT NEWS, VA 23605
    6158 JEFFERSON AVE
    757-591-4900
    1.0
    miles

    Total Students 900
    Student Teacher Ratio 16:1

    School Rating

    1 star View School Details
    High School
    HERITAGE HIGH SCHOOL
    Grades 9-12 | Public School

    NEWPORT NEWS, VA 23605
    5800 MARSHALL AVE
    757-928-6100
    1.3
    miles

    Total Students 1448
    Student Teacher Ratio 19:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Trinity Lutheran School 0.4 mi Private PRESCHOOL-8
    Warwick Kids Academy 0.6 mi Private PRESCHOOL-K
    Peninsula Marine Institute 1.1 mi Public -
    Hilton Elementary School 1.3 mi Public K-5
    Heritage High School Governor's Stem Academy 1.3 mi Public 9-12
    Achievable Dream Middle/high School 1.4 mi Public 6-12
    St Andrews Episcopal School 1.4 mi Private PRESCHOOL-5
    Calvary Classical School 1.7 mi Private PRESCHOOL-8
    Gethsemane Baptist Christian Academy 1.7 mi Private PRESCHOOL-5
    Tucker-capps Elementary School 1.8 mi Public K-5
    Newsome Park Elementary School 1.9 mi Public 1-5
    Sedgefield Elementary School 2.1 mi Public PRESCHOOL-5
    Homer L. Hines Middle School 2.3 mi Public 6-8
    Faith Outreach Education Center 2.5 mi Private PRESCHOOL-11
    Huntington Middle School 2.5 mi Public 6-8
    B.t. Washington Middle School 2.5 mi Public 6-8
    Alfred S Forrest Elementary School 2.6 mi Public K-5

    Local Area Information for Newport News, VA 23607

    Median Age: 33.8
    Married: 17.2%
    Number of Households: 8,871
    Households with Children: 2,633
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Apartment located at 7303 River Rd, Newport News, VA 23607 is currently for sale. 7303 River Rd, Newport News is listed for $1,690,000. If the property located at 7303 River Rd, Newport News, VA isn't what you're looking for, search Virginia real estate to see other houses for sale in Newport News.