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For Sale

320 London ST

320 London ST, Portsmouth, VA 23704

$385,000
Tremendous investment opportunity offered at a great price in Olde Towne Portsmouth! Ready for a buy and hold or update and dramatically increase equity. 3 Units: Building sq ft: 3,430, All units have central AC. All units have auto 1 yr renewal, 60 day renewal notice periodUnit 1A: 2 bedroom, 1 bath, sq ft. Rents for $1,500 a month*Lease end date 01/31/2025 Unit 2A: 1 bedroom, 1 bath, 700 sq ft. Rents for $800 a month (barely raised in 10 years)*Lease end date 10/31/2017 Unit 2B: 1 bedroom, 1 bath, 700 sq ft. Rents for $825 a month*Lease end date 03/31/2019Total Rental Income: $3,125

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Carpet, Ceramic Tile, Wood
  • APPLIANCES Gas Water Heater

Area & Lot

  • Status For Sale
  • MLS® ID10651284
  • TypeResidential
  • YEAR BUILT1870
  • Elementary SchoolPark View Elementary
  • Middle SchoolChurchland Middle
  • High SchoolIC Norcom

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesNatural Gas Available
  • roofAsphalt
  • parkingOff Street, On Street
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$385,000
  • Real Estate Tax $5,479/yr
  • Zoning HLO
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Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 320 London ST, Portsmouth, VA 23704. We are reviewing your request and will be in touch shortly!
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Contact Details

Jack Blake

Phone

(757) 339-2327

Phone

(757) 204-1659

Email

[email protected]

Address

780 Lynnhaven Pkwy Ste 1100 Virginia Beach, VA 23453

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