320 London ST Portsmouth, VA $ 385,000
320 London ST
$ 385,000
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320 London ST

Portsmouth, VA, 23704
$ 385,000
Baths0.0

Monthly Estimate*

$ 2,659

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Studio

Apartment for sale in Portsmouth, VA

for $385,000. This apartment was built in 1870.

Tremendous investment opportunity offered at a great price in Olde Towne Portsmouth! Ready for a buy and hold or update and dramatically increase equity. 3 Units: Building sq ft: 3,430, All units have central AC. All units have auto 1 yr renewal, 60 day renewal notice periodUnit 1A: 2 bedroom, 1 bath, sq ft. Rents for $1,500 a month*Lease end date 01/31/2025 Unit 2A: 1 bedroom, 1 bath, 700 sq ft. Rents for $800 a month (barely raised in 10 years)*Lease end date 10/31/2017 Unit 2B: 1 bedroom, 1 bath, 700 sq ft. Rents for $825 a month*Lease end date 03/31/2019Total Rental Income: $3,125

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Apartment Active

Price

$ 385,000

Bedrooms

Studio

Property Type

Apartment

Taxes

$ 5,479

Style

Apartments 3+

Year Built

1870

Town/City

Portsmouth

County/Region

Portsmouth City

MLS | Web ID

10651284

Features
General
Construction Other
Heating Nat Gas
Cooling Central Air
Utilities City Sewer City Water Electric Gas Meter
Ownership Type Simple
Roof Asphalt Shingle
Parking Lot Off Street Street
Zoning HLO
Property Type Apartments 3+
Area 21 - Central Portsmouth
Subdivision Name OLDE TOWNE - 119
Elementary School Park View Elementary
High School IC Norcom
Middle School Churchland Middle
Non Non Contingent
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Exterior
Siding Vinyl Wood
Foundation Basement
Garage Y/N 0
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* Excluded Features
List By
Chris Harris

Listing Agent

Lpt Realty Llc

Broker

Affordability Calculator

$3,116
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,659
Monthly Property Taxes
$457
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
239383 Elementary School
239401 Middle School
IC Norcom High School High School

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320 London ST, Portsmouth, VA, 23704 is a Apartment for sale at $385,000. 320 London ST is a studio with 0.0 baths and was built in 1870. The property's zip code is 23704 which is in Portsmouth, VA