Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 540 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.
57 days
|
90
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Carrie Copenhaver,
Iron Valley Real Est Norfolk757-900-4873
Source: REIN Inc.,MLS#: 10637677
Facts & features
Interior
Heating
Baseboard, Electric
Cooling
Wall/Window Unit(s)
Appliances
Included: Electric Water Heater
Features
Flooring: Vinyl
Common walls with other units/homes: No One Above
Property
Parking
Parking features: Assigned
Features
Stories: 2
Details
Zoning: R-13
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Block, Frame, Brick
Foundation: Slab
Roof: Asphalt Shingle
Condition
Year built: 1979
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected
Community & HOA
Community
Subdivision: Monticello Village
Location
Region: Norfolk
Financial & listing details
Annual tax amount: $6,400
Date on market: 6/2/2026
Electric utility on property: Yes
Estimated market value
Zestimate®
$739,700
Estimated sales range
$703,000 - $777,000
Rent Zestimate®
$1,480/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.