1265 Reservoir Avenue
Norfolk, VA 23504
- – beds
- – baths
- 3,536 sqft
- $101 per sqft
- 1909 build
- – on site
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This quadplex offers a prime investment opportunity with tremendous future equity potential. Located at 1265 Reservoir Avenue in Norfolk, VA, the property consists of four units: one currently rented, two under construction, and one nearly fully renovated. Ideal for investors, this property is being sold as-is, with no additional repairs by the seller. Units 1 and 2 on the first floor just need to be finished, cabinets are there, new electric, unit 3 is almost complete and just needs finishing touches and unit 4 is currently rented for just over $900 a month.
Listing courtesy of REIN / Real Broker LLC
Last checked:
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Last updated Nov 14, 2024
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MLS# 10545933 —
The Building
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Year Built:1909
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Style:Over/Under, Side by Side
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Roof:Tar and Gravel
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Exterior Siding:Brick
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Foundation Type:Crawl
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SqFt:3,536 Sqft
Financial & Terms
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Ownership Type:Simple
Location
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Area:12 - East Norfolk
The Property
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Property Type:Multi Family Residential
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Property Subtype:Quadruplex
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Zoning:R-11
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Waterfront Description:Not Waterfront
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Fence Description:None
Listing Agent
- Contact info:
- Office phone:
- (757) 520-0565
Taxes
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Tax Amount Approx:$2,976
The Listing
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Disclosures:Disclosure Statement
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Vacant:No
Utilities
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Water Type:City/County
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Meters Separate:All
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Sewer Type:City/County
Appliances
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Water Heater Type:Electric
Schools
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Elementary School:Jacox Elementary
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Middle School:Ruffner Middle
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High School:BT Washington
The Community
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Subdivision Name:BARRAUD PARK
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/4/24
Oct 4, 2024
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Sold | REIN | $360,325 | 1.5% |
8/21/24
Aug 21, 2024
|
Pending | REIN | $355,000 | |
8/6/24
Aug 6, 2024
|
Listed / Active | REIN | $355,000 |