503 Lancaster Ave, Portsmouth, VA 23707

Attention Investors! This 2-bedroom, 1-bath ranch home, built in 1979, offers significant potential with some updates. Situated on a corner lot in an established neighborhood, the property is currently occupied by a long-term tenant eager to extend their lease post-sale, ensuring immediate rental income. Conveniently located near City Park, interstates, restaurants, and shopping, this home is an excellent opportunity to expand your investment portfolio. This home could also offer a lot of potential to a buyer looking to buy, renovate and create their own dream home with instant equity.