Norfolk, VA 23523,400 Craig ST
Norfolk, VA 23523,400 Craig ST
Norfolk, VA 23523,400 Craig ST
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$235,000
Est. payment /mo
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1,740 SqFt
Price Dropped by $4K

400 Craig ST Norfolk, VA 23523

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Robin Grace

Robin Grace

Mid-Atlantic Realty and Associates

+1(757) 773-6790

UPDATED:

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

HOA Y/N No

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

Senior Community No

Ownership Simple

Miscellaneous Fixer Upper

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement


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agent

Robin Grace

Broker | License ID: 0225072986

+1(757) 773-6790

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400 Craig ST