Virginia Beach, VA 23451,213 S Birdneck RD
Virginia Beach, VA 23451,213 S Birdneck RD
Virginia Beach, VA 23451,213 S Birdneck RD
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$695,000
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213 S Birdneck RD Virginia Beach, VA 23451

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Key Details

Property Type Multi-Family, Condo

Listing Status Active

Purchase Type For Sale

Subdivision Birdneck Acres

MLS Listing ID 10603378

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,000

Property Description

213 & 215 S Birdneck Rd, Virginia Beach – Investment OpportunityThree-building property ready for redevelopment or full renovation. 2 narrow / long lots--see plat. Total frontage approx 100'x200'. Front House: 3–4 BR, 2 BA – currently unlivable, needs major renovation/rebuildTriplex: Three 1 BR, 1 BA units – separate electric, full interior updates neededDuplex: Two 2 BR, 1 BA units – currently rented at $1,200/mo each, updates needed. Total Renovation Estimate: $110K–$215K. Projected Market Rents After Renovation: approx. $8,250/mo or $99K/yr. Shared driveway easement with 221 S Birdneck Rd. Buyer to verify zoning and ability to maintain three structures. Interior access to occupied units *after* ratified contract and **Hold Harmless Agreement**. Ideal value-add project for investors seeking strong rental potential.

Location

State VA

County Virginia Beach

Area 43 - Northeast Virginia Beach

Zoning R10

Interior

Hot Water Electric

Heating Other

Cooling Other

Flooring Other

Exterior

Parking Features Lot, Off Street, Driveway Spc

Utilities Available City Sewer, City Water, Electric

Roof Type Asphalt Shingle

Building

Story 1.0000

Foundation Crawl, Slab

Schools

Elementary Schools Seatack Elementary

Middle Schools Corporate Landing Middle

High Schools Ocean Lakes

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, None

Special Listing Condition Disclosure Statement, None


Real Estate Information Network (REIN)
Listed by Coastal Group Inc.

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Robin Grace

Robin Grace

Broker | License ID: 0225072986

+1(757) 773-6790

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213 S Birdneck RD