736 Michigan AVE Norfolk, VA $ 680,000
736 Michigan AVE
$ 680,000
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736 Michigan AVE

Norfolk, VA, 23508
$ 680,000
Baths0.0 Sq 3,270

Monthly Estimate*

$ 4,750

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Studio

Multi-Family Home for sale in Norfolk, VA

for $680,000. This 3,270 square foot home was built in 1936.

Exciting opportunity to own a 4 plex property in the charming and historic Colonial Place neighborhood. Can make a great owner occupied investment property or a great cash flow investment close to NOB and ODU. This property features four units, with the main apartment (3BR on lower level) equipped with a washer/dryer. Ample parking is available in the rear and on the street. Hardwood floors beneath the carpeting upstairs. Each unit has separate updated electrical panels. Landlord pays water meter, electric water heater, and natural gas boiler that provides heat for all units. Short distance to the shops and restaurants on Colley. This is a desirable rental location with low vacancy rates. For owner occupied there is the possibility of assuming a 2.5% interest rate mortgage from the seller. Ask agent for more details.

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Multi-Family Contingent

Price

$ 680,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,914

Style

Over/Under

Year Built

1936

Town/City

Norfolk

County/Region

Norfolk City

MLS | Web ID

10521990

Features
Exterior
Waterfront 0
Siding Brick Stucco
Foundation Basement Crawl
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General
Water Type City/County
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Asphalt Shingle Poly Skin
Style Over/Under
Property Type Multi Family Residential
Area 11 - West Norfolk
Subdivision Name COLONIAL PLACE
Contingencies Home/EIFS Insp. Con.
Sub Type Quadruplex
New Construction Y/N 0
Elementary School Granby Elementary
High School Maury
Middle School Blair Middle
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* Excluded Features
List By
Eric Ziemer

Listing Agent

The Real Estate Group

Broker

Affordability Calculator

$5,243
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,750
Monthly Property Taxes
$493
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
238897 Elementary School
239388 Middle School
Maury High School High School

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736 Michigan AVE, Norfolk, VA, 23508 is a Multi-Family Home for sale at $680,000 with 3,270 sqft. 736 Michigan AVE is a studio with 0.0 baths and was built in 1936. The property's zip code is 23508 which is in Norfolk, VA