316 16th Street, Northeast Virginia Beach, VA 23451

$1,190,000
2,946
SqFt

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List Price
$1,190,000
Status
ACTIVE
MLS#
10637846
Year Built
1940
Style
Over/Under
Living Area
2,946
County
Virginia Beach VA
City
Northeast Virginia Beach
Subdivision
Beach Borough

Property Description

Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.

Additional Information

Roof
Asphalt Shingle
Exterior
Vinyl, Wood
Waterfront Description
Not Waterfront
Sewer
City/County
Elementary School
W.T. Cooke Elementary
Middle School
Virginia Beach Middle
High School
First Colonial
Contingency Exists
Non Contingent
Days on Market
53

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Calculator source: Real Geeks

Listing courtesy of Iron Valley Real Est Norfolk.

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