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200 Bute St

Suffolk, VA 23434
  • $444,900
  • STATUS: Active Under Contract
  • ON SITE: 92 Days
  • ID#: 10421930
Under Contract
UPDATED: 49 min ago
$444,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949

School Information

Elementary School:
Middle School:
High School:

Description

This is a great investor opportunity! The entire building exterior has been painted and 4 of the 6 units have been completely remodeled with LVP flooring, new kitchens, appliances, bathrooms, and these 4 are occupied. The entire property has been individually sub-metered for electric. The owner pays water, sewer, trash, and gas, but only pays the electric on the the house meter and coin operated laundry facility. Come see this one today and cash flow from day 1! Due to COVID-19, Showings will not be allowed until after ratification. Please submit offers contingent upon satisfactory viewing of all units. Units 2,3,4,6 have been fully renovated and are occupied. Unit 1 is vacant (not remodeled) and unit 5 is vacant as well. Unit 5 is an open book and will likely need to be remodeled.

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www.coastalhomesofva.com/homes/125811159
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200 Bute St Suffolk, VA 23434

  • Price: $444,900
  • Status: Active Under Contract
  • On Site: 92 Days
  • Updated: 49 min ago
  • ID#: 10421930
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1949
Built
Neighborhood:
Old Town Suffolk
Area:
62 - Central Suffolk
Elementary School:
Elephant's Fork Elementary
Middle School:
King`S Fork Middle
High School:
Kings Fork
Property Description
This is a great investor opportunity! The entire building exterior has been painted and 4 of the 6 units have been completely remodeled with LVP flooring, new kitchens, appliances, bathrooms, and these 4 are occupied. The entire property has been individually sub-metered for electric. The owner pays water, sewer, trash, and gas, but only pays the electric on the the house meter and coin operated laundry facility. Come see this one today and cash flow from day 1! Due to COVID-19, Showings will not be allowed until after ratification. Please submit offers contingent upon satisfactory viewing of all units. Units 2,3,4,6 have been fully renovated and are occupied. Unit 1 is vacant (not remodeled) and unit 5 is vacant as well. Unit 5 is an open book and will likely need to be remodeled.
Exterior Features

Construction BlockConcrete Exterior Siding Brick Foundation Type Crawl Garage YN No Parking Street Roof Asphalt Shingle

Interior Features

Cooling Window/Wall Dishwashers 0 Disposals 0 Dryers 1 Flooring Type CarpetCeramicVinyl Furnished YN No Heating BasebdElectric Ranges 6 Refrigerators 6 Washers 1 Water Heater Type Gas

Property Features

Apartment Type Other Contingency Exists Non Contingent Disclosure Disclosure Statement Features CableLaundry RoomWindow Treatments Ownership Type Simple Possession Closing Tax Amount Approx 4126 Utilities City SewerCity WaterElectricGas

Listing provided courtesy of Inlet Realty
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