New carpetBrand new hvac systemsNew water heatersBrand new kitchens
Fully leased-This updated 12-unit multifamily property offers a rare combination of immediate income, extensive recent upgrades, and long-term value. With a strong rental history and five stable Section 8 tenants, investors can enjoy consistent returns from day one. 1031 Exchange Key Highlights & Upgrades: 10 units featuring brand new kitchens and bathrooms All 12 units are equipped with brand new HVAC systems (2025) 8 units with new water heaters 10 units with new carpet for a modern, refreshed feel Freshly painted and enhanced stairs and walkways (2024) Major building systems updated, including main pipeline replacement (2022) Parking lot resurfaced and fencing installed (2022), improving overall safety and aesthetics On-site security system for added peace of mind
375 days
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182
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11
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Zillow last checked:
Listing updated:
Listed by:
Baylee Wang,
Real Property Management Pen757-251-9188
Source: REIN Inc.,MLS#: 10596064
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Gas Water Heater
Features
Flooring: Carpet, Laminate/LVP
Furnished: Yes
Common walls with other units/homes: No One Above
Property
Parking
Parking features: Assigned, Parking Lot
Features
Stories: 2
Details
Zoning: C2
Special conditions: Owner Agent
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Block, Concrete, Brick
Foundation: Slab
Roof: Asphalt Shingle
Condition
Year built: 1966
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Natural Gas Available, Meter
Community & HOA
Community
Subdivision: Park View - 046
Location
Region: Newport News
Financial & listing details
Annual tax amount: $8,732
Date on market: 8/5/2025
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,588/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
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