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736 Michigan Ave

$680,000 736 Michigan Ave

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Listing Status: Active
Address: 736 Michigan Ave Norfolk VA VA 23508
Subdivision: Colonial Place
Bedrooms:
Full Baths:
Half Baths:
SqFt: 3,270
Year Built: 1936
Exterior Features
Lot Size: acres
Waterfront: No
Interior Features
Fireplaces:
Heating:
Cooling:
MLS #: 10521990

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Exciting opportunity to own a 4 plex property in the charming and historic Colonial Place neighborhood. Can make a great owner occupied investment property or a great cash flow investment close to NOB and ODU. This property features four units, with the main apartment (3BR on lower level) equipped with a washer/dryer. Ample parking is available in the rear and on the street. Hardwood floors beneath the carpeting upstairs. Each unit has separate updated electrical panels. Landlord pays water meter, electric water heater, and natural gas boiler that provides heat for all units. Short distance to the shops and restaurants on Colley. This is a desirable rental location with low vacancy rates. For owner occupied there is the possibility of assuming a 2.5% interest rate mortgage from the seller. Ask agent for more details.

Broker: The Real Estate Group


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