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2127 Grandy Ave, Norfolk, VA – $149,000

  • $149k Price
  • 1,580 Sqft
  • 26 DOM
  • $149k Price
  • 1,580 Sqft
  • 26 DOM

2127 Grandy Ave

Investors, add this duplex to your growing portfolio. Priced to sell. Clean and well maintained. Low maintenance since it's on a slab and has wall AC/ baseboard heat. Tenants pay electric, owner pays water, but could charge tenants a water fee of $39/m/tenant at lease renewal. Both units occupied. Opportunity to create value since current rents are below Market rate. They now are avg $725/m thus the lower price. Market rate should be $850/unit/month. Insurance is $680/yr, taxes are $2100/yr. Perfect location to rent to those employed at the neighboring Norfolk Industrial Park.

Essential Information

  • MLS® #10316261
  • Price$149,000
  • Bathrooms0.00
  • Square Footage1,580
  • Acres0.00
  • Year Built1974
  • TypeDuplex
  • Sub-TypeDuplex
  • StyleSide by Side
  • StatusUnder Contract

Community Information

  • Address2127 Grandy Ave
  • AreaEast Norfolk
  • SubdivisionBallentine Place
  • CityNorfolk
  • StateVA
  • Zip Code23504


  • WaterfrontNot Waterfront


  • ExteriorBrick
  • Lot Description50X100
  • RoofAsphalt Shingle
  • FoundationSlab
  • FenceNone

School Information

  • ElementaryColeman Place Elementary
  • MiddleRuffner Middle
  • HighNorview

Additional Information

  • Days on Market26
  • ZoningMF-NS
  • DisclosuresDisclosure Statement

Listing Details

  • Listing Courtesy ofCottage Street Realty LLC
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Listing Courtesy of Cottage Street Realty LLC.