435 Monticello AVE #300C Active Save Request In-Person Tour Request Virtual Tour
Norfolk,VA 23510
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,132 sqft
Price per Sqft $220
Subdivision Downtown Area
MLS Listing ID 10600972
Style Mid Rise
Bedrooms 1
Full Baths 1
Half Baths 1
Condo Fees $560
Year Built 1920
Annual Tax Amount $2,473
Lot Size 483 Sqft
Property Sub-Type Condo
Property Description
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY
Steps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026.
$250,000 - Turnkey Investment
• Brand new floors, paint, and finishes throughout
• HVAC maintained on service plan
• 1 parking space included
• No vacancy risk - tenant in place until Fall 2026
Premium downtown location ensures strong rental demand in Norfolk's entertainment district. Current tenant paying market rate with lease already secured. Zero additional investment needed - property is move-in ready and generating income from closing.
Motivated seller, smooth transaction. Perfect opportunity to add stable income to your portfolio in one of Norfolk's most desirable rental locations.
Location
State VA
County Norfolk
Area 11 - West Norfolk
Interior
Hot Water Electric
Heating Forced Hot Air,Heat Pump
Cooling Central Air
Flooring Wood
Exterior
Parking Features 1 Space
Fence None
Pool No Pool
Waterfront Description Not Waterfront
Roof Type Poly Skin
Building
Story 1.0000
Foundation Slab
Sewer City/County
Water City/County
Schools
Elementary Schools Walter Herron Taylor Elementary
Middle Schools Blair Middle
High Schools Maury
Others
Special Listing Condition None