$499,900 | 1526 40th Street Norfolk, VA 23508
AWESOME OPPORTUNITY! FOUR PLEX CLOSE TO ODU! SHORT DISTANCE TO CLASS AND GAMES!! UNIT 1A IS VACANT SO GREAT CHANCE TO MOVE IN AND HAVE THE OTHER 3 UNITS PAY THE MORTGAGE! EXCELLENT OPPORTUNITY FOR INSTANT CASH FLOW. LOTS OF LOANS AVAILABLE FOR “LIVE IN BUYER” CLOSE TO BUS LINE, RESTAURANTS, SHOPPING, BASES AND SCHOOLS. EASY ACCESS TO ODU AND EVMS. NICE UNITS IN NICE CONDITION. COMMUNITY LAUNDRY ROOM. OFF STREET PARKING WHICH IS UNUSUAL IN THIS AREA! RENTAL INCOME POTENTIAL $4500-$5500. TENANTS PAY THEIR OWN UTILITIES. DON’T MISS YOUR CHANCE TO OWN THIS FOUR PLEX NEXT TO ODU!
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- Listing Price
- $499,900
- MLS#
- 10524490
- Listing Status
- Active
- Listing Type
- Multi-Family Residential
- Property Type
- Multi Family Residential
- Subdivision Name
- LAMBERTS POINT
- Neighborhood Name
- Null
- Area Name
- 11 - West Norfolk
- Disclosure
- none
- Contigencies
- none
- Ownership
- Simple
- Zoned
- R-8
- Year Built
- 1905
- Listing Office
- Judy Reed Realty
- Added to Website
- Mar 19, 2024
(1 month ago)
- Bedrooms
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Number of Rooms
- Living Space
- 3,050 sqft
- Levels
- 0.0
- Architecture
- Converted S F
- Roof
- Asphalt Shingle
- Exterior Covering
- Vinyl
- Foundation
- Crawl
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- Taxes*
- $5,098.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Flooring
- EMPTY
- Water Heater Type
- Electric
- Water Type
- City/County
- Fence
- Back Fenced
- Parking
- EMPTY
- Waterfront
- No
- Water Description
- Not Waterfront
Public Schools
- School District
- Norfolk Public Schools
- Elementary School
-
Larchmont Elementary (0.9 mi)
1145 Bolling Ave
Norfolk, VA 23508
(757) 451-4180 - Middle School
-
Blair Middle (1.2 mi)
730 Spotswood Ave
Norfolk, VA 23517
(757) 628-2400 - High School
-
Matthew Fontaine Maury High (1.6 mi)
322 Shirley Ave
Norfolk, VA 23517
(757) 628-3344 -
Tabernacle Christian Academy & Revelator Childcare (0.9 mi)
3611 Colley Ave, Norfolk, VA 23508
(757) 625-4977 -
West Ghent School (1.1 mi)
1009 W Princess Anne Rd, Norfolk, VA 23507
(757) 622-4403 -
St Patrick Catholic School (1.1 mi)
1000 Bolling Ave, Norfolk, VA 23508
(757) 440-5500 -
Park Place School (1.3 mi)
509 W 35th St, Norfolk, VA 23508
(757) 624-3473 -
Roadstead Montesorri High School (1.4 mi)
517 Rhode Island Ave, Norfolk, VA 23508
(757) 319-0663
Private Schools
| Total Population | 19,046 |
|---|---|
| Median Commute Time | 17 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 52 yrs |
| Residential Turnover Rate | 21% |
| Median Home Sales Price | $195,000 |
| Average Home Sales Price | $222,655 |
| Average Home Property Tax | $3,024 |
| Crime Risk Index | 294/100 |
| Air Pollution Index | 82/100 |
| Family Households | 3,487/6,358 (54.8%) |
| Households w/ Children | 1,749/6,358 (27.5%) |
| Average Family Size | 3 |
| Population Density | 5,413/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $48,452 |
| Per Capita Income | $26,456 |
| White Collar Jobs | 4,790% |
| Overall Weather Risk | 185/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $2,081
- Taxes*:
- $425
- Insurance*:
- $75
- Total Monthly Payment:
- $2,581
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This home located at 1526 40th, Norfolk, VA 23508 has approximately 3,050 square feet. It is currently listed for $499,900 and has a price per sqft of $16,390. This home is currently Active under the MLS#: 10524490. This listing is provided by Judy Reed Realty.
1526 40th Street, Norfolk was built in 1905. It has parking.
1526 40th is part of the Lamberts Point neighborhood located in 23508.
Browse more real estate in Norfolk
View homes in 23508
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