361 Cherry ST Contingent Save Request In-Person Tour Request Virtual Tour
Norfolk,VA 23503
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $233
Subdivision Willoughby Park
MLS Listing ID 10587188
Style Side by Side
Year Built 1964
Annual Tax Amount $3,450
Property Sub-Type Duplex
Property Description
This income-producing duplex features separate water and electric meters, individual A/C units, and washer and dryer hookups for each unit. Tenants pay their own utilities, keeping expenses low for the owner. Unit A currently rents for $1,250 per month with room to grow, and the lease is month to month. Unit B rents for $1,425 per month with a lease in place through 3/31/2026. Recent renovations include updated kitchen cabinets, countertops, appliances, and a fully remodeled bathroom with a tile backsplash. This is a solid turnkey property offering strong cash flow and excellent long-term potential
Location
State VA
County Norfolk
Area 13 - North Norfolk
Zoning R-11
Interior
Hot Water Electric
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Foundation Slab
Sewer City/County
Water City/County
Schools
Elementary Schools Ocean View Elementary
Middle Schools Northside Middle School
High Schools Granby
Others
Special Listing Condition None