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$240,000
10632720 MLS
Investor opportunity in the heart of Newport News! This well-maintained duplex at 716 31st St is the perfect addition to your rental portfolio, with leases already secured through 2027?providing immediate and stable cash flow. Each unit features durable LVP flooring, updated windows, and modern HVAC systems, offering low-maintenance ownership and tenant comfort. Utilities are separately metered, maximizing efficiency and simplifying management. Whether you?re a seasoned investor looking to expand or just starting to build your portfolio, this property checks all the boxes. Conveniently located near major employers, shipyard, and interstate access, making it an attractive option for long-term tenants. Don?t miss this turnkey income-producing property!

716 31st Street, Newport News South
$1,500,000
10596064 MLS
Fully leased-This updated 12-unit multifamily property offers a rare combination of immediate income, extensive recent upgrades, and long-term value. With a strong rental history and five stable Section 8 tenants, investors can enjoy consistent returns from day one. 1031 Exchange Key Highlights & Upgrades: 10 units featuring brand new kitchens and bathrooms All 12 units are equipped with brand new HVAC systems (2025) 8 units with new water heaters 10 units with new carpet for a modern, refreshed feel Freshly painted and enhanced stairs and walkways (2024) Major building systems updated, including main pipeline replacement (2022) Parking lot resurfaced and fencing installed (2022), improving overall safety and aesthetics On-site security system for added peace of mind

600 74th Street Unit 12, Newport News South

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.