Sold On6/16/2023
Year1988


Lonnie Bush
(757) 932-6200
Status:
Sold
Property Type:Multi-Family
MLS #:10485398
Date Sold:6/16/2023
County:Norfolk
The possibilities with this property are endless. Live in one unit, and rent out the others, or purchase as a sole investment and step into cash-flow. Property brings in $4,900 per month in rent! Units A and D have been COMPLETELY updated. Porcelain tile throughout bathrooms and kitchen, brand new carpet in living areas and bedrooms. Tastefully upgraded bathrooms. Brand new kitchen appliances. Window AC units for ALL units have been replaced in the last 2 years. Units A,B,C have been upgraded to include new energy efficient hot water heaters. All windows except unit C have been upgraded to energy efficient windows. Owner recently installed a 24-hour WiFi security surveillance system that can be viewed on a mobile device. Exterior doors have all been replaced on all units, and newly remodeled common hallway to the upstairs units. Plenty of parking in front of the building. $58,800 in annual rent! YOU WILL WANT TO SEE THIS ONE!
Detailed Maps
Community Information
Address:405 Clifton St, Norfolk, VA 23523
Area:12 - East Norfolk
County:Norfolk
City:Norfolk
Neighborhood:Washington Point
Subdivision:All Others Area 12
Zip Code:23523
School Information
High School:Lake Taylor
Middle School:Blair
Elementary School:St. Helena
Architecture
Year Built:1988
Stories:2
Exterior: Brick
Construction: Block, Frame
Unit 1 Bedrooms: 2
Unit 1 Bathrooms: 1
Unit 2 Bedrooms: 2
Unit 2 Bathrooms: 1
Unit 3 Bedrooms: 2
Unit 3 Bathrooms: 1
Unit 4 Bedrooms: 2
Unit 4 Bathrooms: 1
Roof: Asphalt Shingle
Foundation: Slab
Features / Amenities
Flooring: Carpet, Vinyl
Parking: 4 Space, Off Street
Cooling: Window/Wall
Heating: Electric
Water Heater: Electric
Property Features
Disclosure: Disclosure Statement
Utilities: City Sewer, City Water, Electric
Zoning:R-8
Tax and Financial Info
Tax Amount: $4, 608
Home Owner Assoc. (HOA): No
Buyer’s Agent Commission: 2.5%
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Listing Information Last Updated 9/26/2023