2021-04-30 02:18, User_1
Truth Factor: N/A
337 W Bute St, Norfolk, VA 23510, USA
Claim this property to become verified owner or agent
Property type: ?
Bedrooms: ?
Bathrooms: ?
Receptions: ?
Year built: ?
Total Plot Size: ?
Total Inside Area: ?
Last Sold: JUL 2021
Price: $1400000
What can it be sold for now?
AI think: $2,164,440
Users think: N/A
Agents think: $1,400,000 1 agent(s) valuations found
HPI banks think: $1,663,945
CHAT:
Denton Realty Company, Edward Denton Agent Valuation of this property is 1,400,000 USD
Super rare opportunity to buy an apartment building in the Freemason Historic District! This property is an excellent value-add opportunity for an investor who is seeking near term cash flow and long term value appreciation. The property was constructed in 1954 and features 12 units, six are 1-bedroom / 1-bath and six are 2-bedroom / 2-bath. The property rents are currently below market with demonstrable upside compared to average market rents. This highly desirable location is located within walking distance to restaurants, shops and offices and the property has consistent rental history. Renovate and take advantage of state and federal historic tax credits!
