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1607 Lasalle Ave

Norfolk, VA 23509
  • $449,000
  • STATUS: Active Under Contract
  • ON SITE: 7 Days
  • ID#: 10436570
Under Contract
UPDATED: 47 min ago
$449,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,673
    SQFT
  • $122
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950

School Information

Elementary School:
Middle School:
High School:

Description

Waterfront views from the front porch of unit two. Great opportunity to house hack and live rent free, allowing three other units to pay your mortgage and put cash in your pocket. Or an opportunity for a cashflow focused investor. The front door from Lasalle Ave opens to the foyer with access to all mailboxes and interior access to all units. Three units are 2 bedroom, 1 bath with a market rate of $1050 per month. Oneunit is a 3 bed, 1 bath with a market rate of $1400 = total potential rents $4550. Two units are rented to long term residents of 10+ years. Owner pays water/trash about $320/mo (can be billed back to residents). Flood insurance costs $900 per year. Gas and electric separately metered, paid by resident. New roof on property installed 2021 with 50 year warranty.

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www.crenfk.com/homes/128674118
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1607 Lasalle Ave Norfolk, VA 23509

  • Price: $449,000
  • Status: Active Under Contract
  • On Site: 7 Days
  • Updated: 47 min ago
  • ID#: 10436570
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,673
SQFT
$122
$/SQFT
1950
Built
Neighborhood:
Lafayette Res Park
Area:
11 - West Norfolk
Elementary School:
Willard Model Elementary
Middle School:
Blair Middle
High School:
Maury
Property Description
Waterfront views from the front porch of unit two. Great opportunity to house hack and live rent free, allowing three other units to pay your mortgage and put cash in your pocket. Or an opportunity for a cashflow focused investor. The front door from Lasalle Ave opens to the foyer with access to all mailboxes and interior access to all units. Three units are 2 bedroom, 1 bath with a market rate of $1050 per month. Oneunit is a 3 bed, 1 bath with a market rate of $1400 = total potential rents $4550. Two units are rented to long term residents of 10+ years. Owner pays water/trash about $320/mo (can be billed back to residents). Flood insurance costs $900 per year. Gas and electric separately metered, paid by resident. New roof on property installed 2021 with 50 year warranty.
Exterior Features

Exterior Siding Vinyl Fence Description None Foundation Type Slab Lot Features CornerPatioShed Roof Other Style Over/Under Waterfront Description Not Waterfront Waterfront YN No

Interior Features

Water Heater Type Gas

Property Features

Contingency Exists Non Contingent Disclosure Disclosure Statement Meters Separate ElectricGas Neighborhood Name Lafayette New Construction YN No Ownership Type Simple Possession Settlement School Other Lafayette-Winona Sewer Type City/County Tax Amount Approx 4725 Water Type City/County Zoning R-8

Listing provided courtesy of Cottage Street Realty Llc
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Crescas Real Estate
4013 Colley Ave.
Norfolk VA, 23508