$400,000 | 740 26th Street Norfolk, VA 23504
EXCEPTIONAL INVESTMENT OPPORTUNITY WITH THIS FULLY RENOVATED, INCOME-GENERATING ROOMING HOUSE! FEATURING 5 BEDROOMS, 2.5 BATHS, AND A SHARED KITCHEN/COMMON SPACE, THIS PROPERTY BOASTS A REMARKABLE MONTHLY RENTAL INCOME OF OVER $4,000. A COMPLETE OVERHAUL INCLUDES NEW ELECTRICAL, PLUMBING, ROOF, WINDOWS, HVAC, AND FLOORING, ENSURING A SOUND INVESTMENT. MODERN AMENITIES SUCH AS A TANKLESS WATER HEATER, BASEMENT WASHER/DRYER, ALONG WITH CHARMING EXPOSED BRICK AND RECESSED LIGHTING, ELEVATE ITS APPEAL. THE LOT (26X128) NEXT DOOR ACCOMPANIES THIS PROPERTY. CURRENTLY HAS A 550SQ FT STRUCTURE (SOLD AS IS) THAT COULD BE A SMALL APARTMENT, MOTHER IN LAW SUITE, OR TEAR DOWN AND BUILD SINGLE FAMILY HOME. DON'T MISS OUT ON THIS TURNKEY OPPORTUNITY TO OWN A HIGH-YIELD, RENOVATED PROPERTY IN A PRIME LOCATION.
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- Listing Price
- $400,000
- MLS#
- 10515445
- Listing Status
- Active
- Listing Type
- Residential
- Property Type
- Detached Residential
- Subdivision Name
- VILLA HEIGHTS
- Neighborhood Name
- Null
- Area Name
- 11 - West Norfolk
- Disclosure
- none
- Contigencies
- none
- Ownership
- Simple
- Zoned
- R-11
- Year Built
- 1910
- Listing Office
- JDK Ventures LLC
- Added to Website
- Jan 6, 2024
(4 months ago)
- Bedrooms
- 3
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Number of Rooms
- 9
- Living Space
- 1,830 sqft
- Levels
- 3.0
- Architecture
- Colonial Traditional
- Roof
- Asphalt Shingle
- Exterior Covering
- Vinyl
- Foundation
- Basement
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- Taxes*
- $1,483.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Rooms
- 1st Floor Bedroom
- Flooring
- Laminate/LVP
- Heating
- Heat Pump
- Cooling
- Central Air, Heat Pump with A, Window/Wall
- Water Heater Type
- Gas
- Water Type
- City/County
- Appliances
- Dryer, Elec Range, Washer
- Fence
- Back Fenced,Wood Fence
- Parking
- 2 Space
- Waterfront
- No
- Water Description
- Not Waterfront
- Pool Description
- No Pool
Public Schools
- School District
- Norfolk Public Schools
- Elementary School
-
Lindenwood Elementary (0.5 mi)
2700 Ludlow St
Norfolk, VA 23504
(757) 628-2577 - Middle School
-
Norview Middle (2.6 mi)
6325 Sewells Point Rd
Norfolk, VA 23513
(757) 852-4600 - High School
-
Granby High (2.5 mi)
7101 Granby St
Norfolk, VA 23505
(757) 451-4110 -
Faith Academy School Of Excellence (0.3 mi)
1010 E 26th St, Norfolk, VA 23504
(757) 624-1724 -
Park Place School (0.8 mi)
509 W 35th St, Norfolk, VA 23508
(757) 624-3473 -
Bina High School (0.8 mi)
425 Washington Park, Norfolk, VA 23517
(757) 627-2462 -
Mcdonald Montessori School (1.1 mi)
4200 Granby St, Norfolk, VA 23504
(757) 423-1800 -
Tabernacle Christian Academy & Revelator Childcare (1.1 mi)
3611 Colley Ave, Norfolk, VA 23508
(757) 625-4977
Private Schools
| Total Population | 21,776 |
|---|---|
| Median Commute Time | 20 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 44 yrs |
| Residential Turnover Rate | 19% |
| Median Home Sales Price | $103,336 |
| Average Home Sales Price | $123,489 |
| Average Home Property Tax | $1,831 |
| Crime Risk Index | 240/100 |
| Air Pollution Index | 74/100 |
| Family Households | 5,099/7,964 (64.0%) |
| Households w/ Children | 3,351/7,964 (42.1%) |
| Average Family Size | 3 |
| Population Density | 5,247/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $24,479 |
| Per Capita Income | $13,192 |
| White Collar Jobs | 5,761% |
| Overall Weather Risk | 168/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $1,665
- Taxes*:
- $124
- Insurance*:
- $75
- Total Monthly Payment:
- $1,864
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This 3 bedroom, 3 bathroom home located at 740 26th, Norfolk, VA 23504 has approximately 1,830 square feet. It is currently listed for $400,000 and has a price per sqft of $21,858. This home is currently Active under the MLS#: 10515445. This listing is provided by JDK Ventures LLC.
740 26th Street, Norfolk was built in 1910. It has 2 Space parking.The kitchen includes Dryer, Elec Range, Washer.
740 26th is part of the Villa Heights neighborhood located in 23504.
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