Chesapeake, VA 23324,1305 Chesapeake AVE
$265,900
Est. payment /mo
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1,996 SqFt
Under Contract

1305 Chesapeake AVE Chesapeake, VA 23324

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,996 sqft

Price per Sqft $133

Subdivision South Norfolk

MLS Listing ID 10603498

Style Other

HOA Y/N No

Year Built 1905

Annual Tax Amount $1,833

Property Sub-Type Duplex

Property Description

Welcome to 1305 Chesapeake Avenue, a classic duplex located in Historic South Norfolk, offering both charm and investment opportunity. Unit 1 (downstairs) is approximately 1,050 sq. ft. and currently leased at $1,650/month through 4/30/26. Unit 2 (upstairs) is approximately 946 sq. ft. and is owner-occupied, providing flexibility for the next buyer to either reside on-site or lease both units for strong rental cash flow. This property's high ceilings and historic character add to its appeal. Utilities are structured with the owner covering water, sewage, and trash electric is separately metered, and tenants pay for gas and electric. The duplex is being sold ;as-is and offers multiple options: live in one unit while the other helps pay the mortgage, or add a steady income-producing property to your rental portfolio. Conveniently located near shopping, dining, and major routes, this is a great opportunity to secure a solid investment in a sought-after area.

Location

State VA

County Chesapeake

Area 31 - Central Chesapeake

Zoning RSFA1

Interior

Hot Water Electric

Exterior

Fence Partial

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle,Metal

Building

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Rena B. Wright Primary

Middle Schools Oscar Smith Middle

High Schools Oscar Smith

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, None

Special Listing Condition Disclosure Statement, None


Real Estate Information Network (REIN)
Listed by KW United

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Robin Grace

Robin Grace

Broker | License ID: 0225072986

+1(757) 773-6790

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1305 Chesapeake AVE