Portsmouth, VA 23702,37 Farragut ST
$539,900
Est. payment /mo
4,400 SqFt
Under Contract

37 Farragut ST Portsmouth, VA 23702

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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 Under Contract

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $122

Subdivision Cradock

MLS Listing ID 10581651

Style Side by Side

HOA Y/N No

Year Built 1918

Annual Tax Amount $3,775

Property Sub-Type Quadruplex

Property Description

This cash flowing quadplex is a rare find in the heart of Portsmouth! Featuring four generously sized 3 bedroom units, each offering 1,100 square feet of living space, this well-maintained asset is poised to deliver immediate income and future upside. Two of the four units are currently secured under one year leases at $1,900+ per month, providing reliable, built-in revenue. Located just minutes from the Norfolk Naval Shipyard, Portsmouth Naval Hospital, and vibrant Downtown Portsmouth, tenants enjoy easy access to major employers, transit, and amenities. Whether you're expanding your portfolio or entering a thriving rental market, this property checks all the boxes for dependable returns and long term value. Don't miss this prime opportunity to own a high performing, centrally located asset in one of Hampton Roads' most active rental corridors.

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning HR

Interior

Hot Water Electric

Exterior

Fence Full, Privacy, Wood Fence

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Foundation Slab

Sewer City/County

Water City/County

Schools

Elementary Schools Cradock Elementary

Middle Schools Cradock Middle

High Schools Manor High

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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Robin Grace

Broker | License ID: 0225072986

+1(757) 773-6790

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37 Farragut ST