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850 A Avenue, Norfolk, VA 23504

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For Sale

$230,000

1,696 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $135.61
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Incredible Investment Opportunity Fully Renovated Duplex 2022! Welcome to 850 & 852 A Avenue two standalone, single-family-style homes on one parcel! Fully renovated just 3 years ago with new roofs, HVAC systems, and flooring throughout. Great for investors or house hackers: 850 is tenant-occupied (Section 8, month-to-month) bringing in $1,300/month, mostly paid by the program. 852 is vacant with potential for a 3rd bedroom upstairs, according to chart, qualifying for Section 8 rent up to $1,642/month. That s over $3,200/month in total rental income!Located in a booming neighborhood with new construction all around, including the start of a brand-new home next door. Convenient to everything. Live in one and rent the other let your tenant help pay the mortgage.Two detached homes. One smart investment. Don t miss it!
MLS# 10589553

Courtesy Of Real Broker LLC

(855) 450-0442

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Metal

Map and Directions

Directions to 850 A Avenue, Norfolk, VA 23504

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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.

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