1228 Commerce AVE Chesapeake, VA $ 342,900
1228 Commerce AVE
$ 342,900
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1228 Commerce AVE

Chesapeake, VA, 23324
$ 342,900
Bedrooms-- Baths0.0 Sq 1,624

Monthly Estimate*

$ 2,368

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Multi-Family Home for sale in Chesapeake, VA

for $342,900. This 1,624 square foot home was built in 1960.

Rare opportunity to own a turn-key side-by-side duplex in Chesapeake with one unit vacant and move-in ready! Whether you're looking to live in one side while generating rental income from the other, add an income-producing property to your portfolio, or make your first move into real estate investing, this property offers flexibility from day one. Each unit features 2 bedrooms, 1 full bath with a with a functional one-level layout. The current owners have completed numerous updates and improvements, including a new HVAC unit making this an easy opportunity without the immediate renovation list. Unit B is vacant and ready for its next owner or tenant, while Unit A is currently tenant occupied. A great option for an owner-occupant, first-time investor or seasoned investor looking for a well-maintained duplex with strong long-term potential. Conveniently located in South Norfolk with easy access to major highways, Downtown Norfolk, shopping, dining and more. Schedule your private tour!

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Multi-Family Contingent

Price

$ 342,900

Property Type

Multi-Family

Taxes

$ 2,682

Style

Side by Side

Year Built

1960

Town/City

Chesapeake

County/Region

Chesapeake City

MLS | Web ID

10650320

Features
Exterior
Waterfront 0
Siding Brick Vinyl
Foundation Crawl
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General
Water Type City/County
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Asphalt Shingle
Zoning RSFA1
Style Side by Side
Property Type Multi Family Residential
Area 31 - Central Chesapeake
Subdivision Name SOUTH NORFOLK
Sub Type Duplex
New Construction Y/N 0
Elementary School Rena B. Wright Primary
High School Oscar Smith
Middle School Oscar Smith Middle
Non Non Contingent
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* Excluded Features
List By
Sadie Arseneault

Listing Agent

Creed Realty

Broker

Affordability Calculator

$2,592
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,368
Monthly Property Taxes
$224
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
239340 Elementary School
239712 Middle School
Oscar Smith High School High School

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1228 Commerce AVE, Chesapeake, VA, 23324 is a Multi-Family Home for sale at $342,900 with 1,624 sqft. 1228 Commerce AVE has 0.0 baths and was built in 1960. The property's zip code is 23324 which is in Chesapeake, VA