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9544 5th Bay St, Norfolk, VA – $330,000

  • $330k Price
  • 367 DOM
  • $330k Price
  • 367 DOM

9544 5th Bay St

ATTENTION INVESTORS ALL 6 UNITS WILL BE RENOVATED. TURN KEY! THERE ARE 2 BUILDINGS - FRONT BUILDING HAS 2 UNITS AND ARE 1 BEDROOM. THE BACK BUILDING HAS 4 UNITS (2 UP, 2 DOWN) AND EACH HAVE 2 BEDROOMS. UTILITIES ARE ALL SEPARATELY METERED. OWNER ONLY PAYS FOR TRASH REMOVAL AND COMMON ARE FOR COIN OPERATED LAUNDRY AND LIGHTS. NICE AREA SHORT WALK TO THE PARK OR THE BAY. 2 PARKING SPOTS PER UNIT. ANNUAL NET INCOME HAS BEEN AN AVERAGE OF $32,000 ANNUALLY. SELLER HAS MADE MANY UPGRADES AND RENOVATIONS. 2 UNITS VACANT, 1 HAS JUST BE REMODELED AND STILL HAVE ONE WORKING CURRENTLY ON . SELLER CAN DO OR BUYER CAN DO. VERY HIGH CRAWL SPACE FOR BOTH BUILDINGS HELP WITH FLOOD INSURANCE.

Essential Information

  • MLS® #10219122
  • Price$330,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1973
  • TypeApartments 3+
  • Sub-TypeGarden
  • StatusSold

Community Information

  • Address9544 5th Bay St
  • AreaNorth Norfolk
  • SubdivisionOcean View East
  • CityNorfolk
  • StateVA
  • Zip Code23518

Amenities

  • FeaturesCable, Window Treatments
  • ParkingAssigned/Reserved, Off Street

Utilities

City Sewer, City Water, Electric, Meter

Interior

  • FloorsCarpet, Vinyl
  • CoolingCentral Air
  • # of Stories2

Heating

Electric, Other, Programmable Thermostat

Exterior

  • ExteriorAluminum, Vinyl
  • Lot Description50 X 150
  • RoofAsphalt Shingle
  • ConstructionFrame
  • FoundationCrawl, Slab

School Information

  • ElementaryLittle Creek Elementary
  • MiddleAzalea Gardens Middle
  • HighLake Taylor

Additional Information

  • Days on Market367
  • ZoningR-12

Disclosures

Disclosure Statement, Pet on Premises

Listing Details

  • Listing Courtesy ofCENTURY 21 Nachman Realty
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Listing Courtesy of CENTURY 21 Nachman Realty.