Property Description

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

Asking Price: $149,000

Year Built1974
Sq Ft1600
Lot Size50x100

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  • Subdivision: Ballentine Place
  • Style: Ranch
  • Exterior: Brick
  • Basement: None, None
  • Garage: None
  • County: Norfolk (City)
  • MLS Number: 10316261