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1607 Lasalle Avenue, Norfolk, VA 23509

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For Sale

$680,000

3,673 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $185.13
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Check out this four-unit property on a quarter-acre lot, featuring serene water views from the front porch of Unit 2. Great for a savvy investor or an owner-occupant looking to house hack! The front entrance from LaSalle Avenue opens to a shared foyer with interior access to all units and mailboxes. Three units feature 2 bedrooms and 1 bath, each with market rents around $1,400. Two units are currently rented to long-term residents. The fourth unit is vacant and offers 3 bedrooms and 1 bath, with a market rent of around $1,800. Owner pays about $200/month for water and trash (option to be billed back to residents), while gas and electric are separately metered and paid by tenants. Major updates include a new roof (2021) with a 50-year warranty and new windows (2023) with a 20-year warranty. New floors in unit 4, and recent bathroom updates throughout. Flood insurance is approximately $900 per year. A smart choice for those seeking reliable cash flow and long-term potential.
MLS# 10604983

Courtesy Of Signature Homes RENC LLC

(757) 716-4141

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Architecture Style
    Other

Map and Directions

Directions to 1607 Lasalle Avenue, Norfolk, VA 23509

Home seller CENTURY 21 Nachman Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Nachman Realty

(757) 424-0202
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% 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.