1221 Poquoson Avenue, Poquoson, VA 23662
- $1,800,000
- 5,290
- SqFt
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS#
- 10613932
- Year Built
- 1949
- Living Area
- 5,290
- Acres
- 2.08
- County
- Poquoson VA
- City
- Poquoson
- Subdivision
- All Others Area 111
Property Description
Rare opportunity to acquire a 13-unit income-producing property situated on 2.08 acres in the heart of Poquoson. The asset includes an 8-unit apartment complex, two duplex buildings (4 units), and one single-family cottage, offering a diversified unit mix and multiple income streams within a single acquisition. Offered at $1,995,000, this property provides scale, land, and long-term upside in a market with limited multifamily supply. The expansive parcel supports value-add potential through operational improvements, rent optimization, or future redevelopment strategies. Public water, sewer, and utilities are available. Strategically located along Poquoson Avenue with convenient access to major routes, employment centers, and daily amenities. Great for investors seeking a stable asset with land, unit density, and strong fundamentals in a resilient Hampton Roads submarket. Financials and additional details available upon request. Private tours by appointment only.
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Additional Information
- Heating
- Electric, Forced Hot Air, Heat Pump
- Cooling
- Central Air, Heat Pump
- Roof
- Asphalt Shingle, Other
- Floors
- Laminate/LVP
- Exterior
- Brick, Other
- Parking Description
- 1-25 Spcs, Unpaved
- Contingency Exists
- Non Contingent
- Days on Market
- 209
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Listing courtesy of EXP Realty LLC.
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