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Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Subdivision Beach Borough
MLS Listing ID 10650879
HOA Y/N No
Year Built 1961
Annual Tax Amount $5,952
Contingent Feasibility Study/Due Diligence,Home/EIFS Insp. Con.
Property Description
Own a piece of Virginia Beach's Beach Borough where coastal convenience meets consistent income potential. This six-unit property features approximately 713-square-foot one-bedroom residences designed for simple, low-maintenance living, with five units are currently leased, generating strong income with a projected market rent surpassing $6,100 monthly. The location keeps tenants connected to the energy of the Virginia Beach Oceanfront, with the Boardwalk, Atlantic Fun Park, ViBe Creative District, local dining, coffee shops, boutiques, and beachside entertainment nearby. Java Surf and the restaurants around Rudee Inlet add local flavor, while quick access to I-264 supports an easy connection to the broader Hampton Roads region. For an investor, this is the kind of address that blends rental demand, recognizable location, and long-term versatility. For residents, it means salt-air mornings, lively weekends, and everyday essentials within easy reach. Hurry to schedule a private viewing now before someone else buys YOUR NEW INVESTMENT!
Location
State VA
County Virginia Beach
Area 43 - Northeast Virginia Beach
Interior
Hot Water Electric
Heating Basebd, Electric
Cooling Window/Wall
Flooring Ceramic, Laminate/LVP, Vinyl
Exterior
Parking Features Street
Utilities Available City Sewer, City Water
Roof Type Asphalt Shingle
Building
Story 1.0000
Foundation Slab
Schools
Elementary Schools W.T. Cooke Elementary
Middle Schools Virginia Beach Middle
High Schools First Colonial
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Listed by Atlantic Sothebys Int'l Realty
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