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    1540 Chela Ave

    Norfolk, VA 23503
    • $767,000
    • STATUS: Active Under Contract
    • ON SITE: 62 days
    • ID#: 10364500
    Under Contract
    UPDATED: 18 min ago
    $767,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,952
      SQFT
    • $155
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1982

    School Ratings & Info

    Description

    Great 5 unit Commercial Rental Investment Opportunity in Willoughby Spit's "Beach Sweet Spot"! 4 units on pilings 1016sf each w FP, plus 1703sf 1.5 story Cottage on a quiet street a few blocks from Bay. Long term tenants on 1 year leases with various expirations to extend mo to mo. Need 60 days notice to terminate leases. Be the investor landlord or live in one and rent out the other 4 units. Bring your fishing rods, crap pots, boats & flip flops. Join the lifestyle change boom of Ocean View & Willoughby. Tenants pay all utilities including w/s. 1 upstairs unit vacant for showing. Other units need 24-48 hrs to show.

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    www.coastalhomesofva.com/homes/114804779
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    1540 Chela Ave Norfolk, VA 23503

    • Price: $767,000
    • Status: Active Under Contract
    • Updated: 18 min ago
    • ID#: 10364500
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    4,952
    SQFT
    $155
    $/SQFT
    1982
    Built
    Neighborhood:
    Willoughby Beach
    Area:
    13 - North Norfolk
    Property Description
    Great 5 unit Commercial Rental Investment Opportunity in Willoughby Spit's "Beach Sweet Spot"! 4 units on pilings 1016sf each w FP, plus 1703sf 1.5 story Cottage on a quiet street a few blocks from Bay. Long term tenants on 1 year leases with various expirations to extend mo to mo. Need 60 days notice to terminate leases. Be the investor landlord or live in one and rent out the other 4 units. Bring your fishing rods, crap pots, boats & flip flops. Join the lifestyle change boom of Ocean View & Willoughby. Tenants pay all utilities including w/s. 1 upstairs unit vacant for showing. Other units need 24-48 hrs to show.
    Exterior Features

    Construction Frame Exterior Siding VinylWood Foundation Type CrawlPile Garage YN No Location Faces FrontOther Lot Depth 150 Lot Dimensions 75 X 115 Lot Front 75 Parking CoveredLotStreet Roof Asphalt Shingle

    Interior Features

    Accessibility Level FlooringLow Pile CarpetMain Floor Laundry Ceiling Height 8' Cooling Central AirHeat Pump Flooring Type CarpetTileVinyl Heating ElectricForced Hot AirHeat Pump Lighting Residential 5Unit

    Property Features

    Contingency Exists Non Contingent Disclosure Disclosure Statement Features NoneOutside Storage Lease Type 1 Year Master Model YN No Miscellaneous 220 V New Construction YN No Ownership Type Simple Possession Settlement Tax Amount Approx 8126 Use Type Other Utilities City SewerCity WaterElectricSewer AvailTelephone AvailWater Avail Water Sewer Line Size 5 Meters - W/S Zoning Mf-Ac/Rc

    Listing provided courtesy of Judy Boone Realty Inc.
    © 2021 REIN, Inc. Information Deemed Reliable But Not Guaranteed.
     
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