433 Rhode Island AVE Under Contract

Norfolk,VA 23508

$ 529000

- Bed

- Bath

3350 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,350 sqft

Price per Sqft $157

Subdivision Colonial Place

MLS Listing ID 10557930

Style Over/Under

Year Built 1939

Annual Tax Amount $4,350

Property Description

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.

Location

State VA

County Norfolk

Area 11 - West Norfolk

Zoning R-8

Interior

Hot Water Electric

Exterior

Fence Partial

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle,Poly Skin

Building

Lot Description Patio

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Granby Elementary

Middle Schools Blair Middle

High Schools Maury

Others

Special Listing Condition Disclosure Statement,Owner Agent

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