Pending

Under Contract

433 Rhode Island AVE

Norfolk VA, 23508

$529,000


$157.91 per sqft

Pending

Under Contract

3,350 sqft

Multi-family

Built in 1939

Come see this charming Spanish style home located in the very sought after Colonial Place neighborhood. This duplex is Ideal for rental income or multi-generational living and has been used for both. The upstairs unit features 3 bedrooms and 2.5 baths, while the downstairs unit features 2 bedrooms and 1 bath. The generous living areas are ideal for family gatherings with wonderful sunrooms in each unit. Modern appliances and updated kitchens. Approximately $265K is assumable at a 4.375 interest rate. Flood insurance approximately $600 per year. Exterior stucco painted in 2023, new asphalt roofs (over sunroom and front porch) in 2022, new split unit AC for downstairs unit in 2021, new kitchen floor and appliances in downstairs unit in 2021, new sump pumps installed in 2024. All appliances convey. Greenhouse can stay or be removed. Current rent is $1950 upstairs and $1500 downstairs. Gas and electric metered separately, water combined, tenants pay. Property being sold AS IS.

10557930

MLS ID

November 5, 2024

Listed

November 22, 2024

Updated

Map

433 Rhode Island AVE
Norfolk VA, 23508

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Architectual Style

Over/Under


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Maury


Elementary School

Granby Elementary

Other Property Details

Area Name

COLONIAL PLACE


Taxes

$4,350


Tax Frequency

Annually


Garage

No


View

No


County

Norfolk


Water Source

Public


Pool

No


Zoning

R-8

Listing History

Date

Event

Price

11/20/2024

Pending

 

Courtesy of Wainwright Real Estate

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