38
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$680,000
Est. payment /mo
3,673 SqFt
New
1607 Lasalle AVE Norfolk, VA 23509
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,673 sqft
Price per Sqft $185
Subdivision Lafayette Res Park
MLS Listing ID 10604983
Style Over/Under
HOA Y/N No
Year Built 1950
Annual Tax Amount $5,811
Property Sub-Type Quadruplex
Property Description
Check out this four-unit property on a quarter-acre lot, featuring serene water views from the front porch of Unit 2. Great for a savvy investor or an owner-occupant looking to house hack! The front entrance from LaSalle Avenue opens to a shared foyer with interior access to all units and mailboxes. Three units feature 2 bedrooms and 1 bath, each with market rents around $1,400. Two units are currently rented to long-term residents. The fourth unit is vacant and offers 3 bedrooms and 1 bath, with a market rent of around $1,800. Owner pays about $200/month for water and trash (option to be billed back to residents), while gas and electric are separately metered and paid by tenants. Major updates include a new roof (2021) with a 50-year warranty and new windows (2023) with a 20-year warranty. New floors in unit 4, and recent bathroom updates throughout. Flood insurance is approximately $900 per year. A smart choice for those seeking reliable cash flow and long-term potential.
Location
State VA
County Norfolk
Area 11 - West Norfolk
Zoning R-8
Interior
Hot Water Gas
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Other
Building
Lot Description Corner, Patio, Shed
Foundation Slab
Sewer City/County
Water City/County
Schools
Elementary Schools Willard Model Elementary
Middle Schools Norview Middle
High Schools Maury
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Listed by Signature Homes
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