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Jacki Paolella

jacki.paolella@kw.com +1(757) 386-7777

$ 450,000

Est. payment | -/mo

2,336 SqFt

Save

$ 450,000

Est. payment | -/mo

Save

2,336 SqFt

Open House

Sun Jan 11, 11:00am - 2:00pm

Sun Jan 11, 3:00pm - 5:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,336 sqft

Price per Sqft $192

Subdivision Meadowbrook - 155

MLS Listing ID 10615195

Style Over/Under

HOA Y/N No

Year Built 1950

Annual Tax Amount $4,258

Property Sub-Type Duplex

Property Description

Income-Producing Opportunity: Downstairs unit currently generates $2,006/mth, offering immediate, dependable income that may help offset mortgage expenses for an owner-occupant or enhance cash flow for an investor. Just minutes from Norfolk Naval Base, this well-maintained duplex provides convenient access to ODU, downtown Norfolk, & the Ghent district. The property features separate electric meters, and the seller will pay at closing to have the water meters separated, adding long-term value and simplifying utility management. Notable updates include a roof replacement 2017, downstairs HVAC installed 2022, upstairs HVAC 2007, and both water heaters replaced 2021. The upstairs unit offers new LVP flooring & fresh interior paint. The downstairs unit has been expanded with a converted third bedroom & an added shower, increasing flexibility and rental appeal. Both units offer spacious layouts and modern updates, providing flexible living and rental options.

Location

State VA

County Norfolk

Area 11 - West Norfolk

Zoning R-11

Interior

Hot Water Electric

Exterior

Fence Back Fenced, Wood Fence

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Sewells Point Elementary

Middle Schools Blair Middle

High Schools Maury

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Listed by KW Coastal Virginia Chesapeake

GET MORE INFORMATION

Jacki Paolella

REALTOR® | Lic# 0225234314

jacki.paolella@kw.com

+1(757) 386-7777

1100 Volvo Pkwy Ste 200 Chesapeake VA 23320

7709 Lambert Pl Norfolk, VA 23505

Jacki Paolella

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

7709 Lambert Pl