25
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$350,000
Est. payment /mo
1,500 SqFt
Contingent
361 Cherry ST Norfolk, VA 23503
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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
HOA Y/N No
Year Built 1964
Annual Tax Amount $3,450
Contingent Home/EIFS Insp. Con.
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
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
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Listed by Own Real Estate LLC
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