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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $62
Subdivision Cradock
MLS Listing ID 10632746
Sold Date 07/17/26
Style Side by Side
HOA Y/N No
Year Built 1928
Annual Tax Amount $1,750
Lot Size 4000.000 Acres
Property Sub-Type Quadruplex
Property Description
Fantastic Cash-flow Opportunity. Quadplex featuring two 3BR/1BA units and two 2BR/1BA units. Property needs repairs and updates, which is reflected in the price. Once improved and fully occupied, projected rent is $4,000+/month.
Priced well below market—recent comparable quadplex sales in similar condition have closed at $360,000 and $375,000.
Convenient location: 6 minutes to Rivers Casino, and under 20 minutes to ODU and NSU.
Location
State VA
County Portsmouth
Area 21 - Central Portsmouth
Zoning HR
Interior
Hot Water Electric
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Cradock Elementary
Middle Schools Cradock Middle
High Schools Manor High
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with Atlantic Sothebys Int'l Realty
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Victoria Segar
Realtor/Team Lead | License ID: 02252237570
Realtor/Team Lead License ID: 02252237570