600 74th Street Unit 12, Newport News South, VA 23605
- $1,500,000
- List Price
- $1,500,000
- MLS#
- 10596064
- Price Change
- ▼ $100,000 1771630553
- Year Built
- 1966
- Stories
- 2
- Subdivision
- Park View - 046
Property Description
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
Additional Information
- Heating
- Forced Hot Air
- Cooling
- Central Air
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Elementary School
- Carver Elementary
- Middle School
- Crittenden Middle
- High School
- Heritage
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Listing courtesy of Real Property Management Pen.