Under contract
  • $695,000

    213 S Birdneck Rd, Virginia Beach, VA 23451

    --beds
    --baths
    --sqft
    : 
    Apartment
    Built in 1940
    -- sqft lot
    $678,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Front house
    213 & 215 S Birdneck Rd, Virginia Beach – Investment OpportunityThree-building property ready for redevelopment or full renovation. 2 narrow / long lots--see plat. Total frontage approx 100'x200'. Front House: 3–4 BR, 2 BA – currently unlivable, needs major renovation/rebuildTriplex: Three 1 BR, 1 BA units – separate electric, full interior updates neededDuplex: Two 2 BR, 1 BA units – currently rented at $1,200/mo each, updates needed. Total Renovation Estimate: $110K–$215K. Projected Market Rents After Renovation: approx. $8,250/mo or $99K/yr. Shared driveway easement with 221 S Birdneck Rd. Buyer to verify zoning and ability to maintain three structures. Interior access to occupied units *after* ratified contract and **Hold Harmless Agreement**. Ideal value-add project for investors seeking strong rental potential. Can be sold as a packaged deal with 9611 17th Bay Norfolk and 3611 15th bay Norfolk.
    28 days
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