Save
Ask
Tour
Hide
Share
$2,800,000
126 Days On Site

1000 Gates AVE
Norfolk, VA 23507

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1918
Built
Subdivision:
WEST GHENT
County:
Norfolk
Courtesy of REIN Inc.
Listing courtesy of Christian Phillips of Inlet Realty
Call Now: 757-971-3574
Is this the home for you? We can help make it yours.
757-971-3574
1000 Gates AVE1000 Gates AVE1000 Gates AVE1000 Gates AVE
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$12,775
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

For sale: a stunning 12-unit, all-brick apartment building in Norfolk's sought-after Ghent neighborhood. This 3-story building includes 3 one-bedroom, 1-bath units; 6 two-bedroom, 1-bath units; and 3 three-bedroom, 2-bath units, generating a total monthly rent of $19,775. The property boasts a 6.2% cap rate and underwent complete renovations in 2018, including new kitchens with granite countertops and high-end cabinetry, new bathrooms, and new electrical and plumbing systems. Each unit features a washer/dryer and mini-split HVAC systems, with tenants paying all utilities. The freshly sealed roof ensures low maintenance. Conveniently located near EVMS and multiple military bases, this fully occupied property is one of the best in Ghent. Don't miss this exceptional investment opportunity.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,800,000
Days On Site 
126 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1918
MLS® Number 
10543035
Status 
Active
Property Tax 
$21,240
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Disclosures 
Disclosure Statement
Number Of Stories 
3
Parking 
Off StreetOn Street
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
Electric Water HeaterDishwasherDryerDisposalRangeRefrigeratorWasher
Cooling 
Central Air
Flooring 
Ceramic TileWood
Heating 
Heat Pump
Laundry Features 
Main Level
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
11 - West Norfolk
Schools
School District
Unknown
Elementary School
Walter Herron Taylor Elementary
Middle School
Blair Middle
High School
Maury


© (2024) REIN Inc. Information Deemed Reliable but Not Guaranteed

The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

© (2024) REIN Inc. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.

Some or all of the listings (or listings Data) represented in this application have been enhanced with Data not provided by REIN. The enhancements are as follows: Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions.

REIN updates its listings on a daily basis. Data last updated at: 2024-10-30 12:00 AM UTC

This application does not include information on all of the properties available for sale at this time.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share

This will close in 20 seconds