435 Monticello Avenue Unit 300C, West Norfolk, VA 23510
- $225,000
- 1
- BD
- 1.1
- BA
- 1,132
- SqFt
- List Price
- $225,000
- Status
- ACTIVE
- MLS#
- 10644320
- Year Built
- 1920
- Style
- Mid Rise
- Bedrooms
- 1
- Bathrooms
- 1.1
- Full-baths
- 1
- Half-baths
- 1
- Living Area
- 1,132
- Acres
- 0.01
- County
- Norfolk VA
- City
- West Norfolk
- Subdivision
- Downtown Area
- Neighborhood
- Welton Lofts
Property Description
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Conveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month agreement, providing an excellent opportunity for rental income from day one with future lease flexibility. The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space. Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk’s entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close. The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!
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Additional Information
- Condo HOA Fee
- $540
- Interior Features
- Walk-In Closet
- Heating
- Electric
- Cooling
- Central Air
- Appliances
- Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
- Roof
- Poly Skin
- Floors
- Ceramic, Concrete
- View
- City
- Pool Description
- No Pool
- Exterior Features
- Corner
- Exterior
- Brick
- Waterfront Description
- Not Waterfront
- Sewer
- City/County
- Parking Description
- Off Street
- Elementary School
- Walter Herron Taylor Elementary
- Middle School
- Blair Middle
- High School
- Maury
- Amenities
- Elevator, Security, Sewer, Trash Pickup, Water
- Contingency Exists
- Non Contingent
- Days on Market
- 8
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Listing courtesy of KW Metro Center.
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