2127 Grandy Ave, NORFOLK


$149,000
4 BR, 2 BA Duplex/Multiplex Home
  • Ballentine Place, NORFOLK - UNDER CONTRACT - Investors, add this duplex to your growing portfolio. Priced to sell. Clean and well maintained. Low maintenance since it's on a slab and has wall AC/ baseboard heat. Tenants pay electric, owner pays water, but could charge tenants a water fee of $39/m/tenant at lease renewal. Both units occupied. Opportunity to create value since current rents are below Market rate. They now are avg $725/m thus the lower price. Market rate should be $850/unit/month. Insurance is $680/yr, taxes are $2100/yr. Perfect location to rent to those employed at the neighboring Norfolk Industrial Park. 10316261
  • Subdivision: Ballentine Place
  • Style: Ranch
  • Exterior: Brick
  • Basement: None
  • Levels: 1
  • SF: 1600
  • Acres: 50x100
Contact Information for Listing ID 129299
Thanos Polizos
thanosp@yahoo.com
757-287-0449