1005 Hillside Avenue, North Norfolk, VA 23503
- $970,000
- List Price
- $970,000
- MLS#
- 10610601
- Year Built
- 1974
- Stories
- 2
- Subdivision
- Ocean View Cottage
- Neighborhood
- Ocean View
Property Description
Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market. Each unit is on separate utility meters, simplifying management and boosting net income by shifting utility costs to residents. Located in a highly desirable, beachside neighborhood with strong rental demand, this property is ideal for investors seeking stable cash flow, modern finishes, and a prime Norfolk location near sand, surf, and local amenities.
Additional Information
- Heating
- Heat Pump W/A
- Cooling
- Central Air
- Exterior
- Brick, Vinyl
- Roof
- Asphalt Shingle
- Elementary School
- Norview Elementary
- Middle School
- Norview Middle
- High School
- Norview
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Listing courtesy of Inlet Realty.