Norfolk, VA 23508,1526 W 40th ST
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Norfolk, VA 23508,1526 W 40th ST
Norfolk, VA 23508,1526 W 40th ST
Norfolk, VA 23508,1526 W 40th ST
Norfolk, VA 23508,1526 W 40th ST

$490,000

Est. payment /mo

$525,000

6.7%
Est.Price: ?

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1526 W 40th ST Norfolk, VA 23508

3,050 SqFt

SOLD DATE : 02/12/2025

Key Details

Sold Price $490,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,050 sqft

Price per Sqft $160

Subdivision Lamberts Point

MLS Listing ID 10564163

Sold Date 02/12/25

Style Over/Under

HOA Y/N No

Year Built 1905

Annual Tax Amount $5,097

Property Sub-Type Quadruplex

Property Description

Awesome Opportunity To Own A 4-Plex Next To Old Dominion University Football Stadium And Campus! Rental Income Potential $4500-$5500. Unit 1B Has Just Been Renovated With New Stainless Appliances, New Paint, New Lvp Flooring & New Carpet.Has back door onto deck! New tenant ..lease ends 11/30/25.Rent $1195... Unit 1A Was Also Recently Renovated With New Kitchen Appliances, Cabinets, Countertops, LVP Flooring.New tenant ..lease ends 11/30/25...Rent $995...Unit 2A...Vacant and Being Renovated ...Bath Has Recently Been Remodeled..Heat Pump 10/2023.Unit 2B...month to month tenant..Rent $1094.50 Great Opportunity For Instant Cash Flow. Near A Bus Line, Restaurants, Shopping, Bases And Schools. On Site parking Spaces.. For Up To 4 Cars Which Is Unusual In This Area. Community Laundry Room. Tenants Pay Their Own Utilities. Owner Pays House Meter. Don't Miss This Chance To Own This 4-Plex Next To ODU!

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

Building

Lot Description Deck

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Larchmont Elementary

Middle Schools Blair Middle

High Schools Maury

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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Real Estate Information Network (REIN)
Listed by Judy Reed Realty
Bought with 1st Class Real Estate Integrity
agent

Marina Vatchenkova

REALTOR® | License ID: 0225204700

+1(757) 775-0233

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