400 Craig ST Active Save Request In-Person Tour Request Virtual Tour
Norfolk,VA 23523
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,740 sqft
Price per Sqft $135
Subdivision Berkley
MLS Listing ID 10570282
Style Other,Over/Under
Year Built 1918
Annual Tax Amount $2,055
Property Sub-Type Quadruplex
Property Description
TENANT OCCUPIED! Investor alert! Two duplexes on one lot (4 total units) with strong current returns and major upside. Property brings in over $27K/year with a 9.14% cap rate as-is. One unit vacant, fill it at $800–$900/month to push cap rate to 13%+. Priced aggressively at $239,900, cash preferred, sold as-is. Long-term tenants in place. Excellent value-add opportunity. Showings MUST be 24 hours notice. No owner financing and home to be sold as-is, where-is. CASH OR INVESTOR LOAN ONLY!
Location
State VA
County Norfolk
Area 12 - East Norfolk
Zoning R-8
Interior
Hot Water Electric
Exterior
Fence Chain Link
Waterfront Description Not Waterfront
Roof Type Other
Building
Lot Description Corner
Foundation Crawl,Other
Sewer City/County
Water City/County
Schools
Elementary Schools St. Helena Elementary
Middle Schools Blair Middle
High Schools Bt Washington
Others
Special Listing Condition Disclosure Statement