435 Monticello Avenue Unit 300C, West Norfolk, VA 23510
- $225,000
- 1
- BD
- 1.1
- BA
- 1,132
- SqFt
- List Price
- $225,000
- MLS#
- 10644320
- Price Change
- ▼ $15,000 1785112887
- Year Built
- 1920
- Stories
- 1
- Bedrooms
- 1
- Bathrooms
- 1.1
- Baths Half
- 1
- Living Area
- 1,132
- Lot Size
- 483
- Acres
- 0.01
- Subdivision
- Downtown Area
- Neighborhood
- Welton Lofts
Property Description
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Conveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month agreement, providing an excellent opportunity for rental income from day one with future lease flexibility. The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space. Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk’s entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close. The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!
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Additional Information
- Hoa Fee
- $540
- Interior Features
- Walk-In Closet
- Appliances
- Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
- Heating
- Electric
- Cooling
- Central Air
- Amenities
- Elevator, Security, Sewer, Trash Pickup, Water
- Exterior
- Brick
- Exterior Features
- Corner
- Roof
- Poly Skin
- Elementary School
- Walter Herron Taylor Elementary
- Middle School
- Blair Middle
- High School
- Maury
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Listing courtesy of KW Metro Center.