1340 Reservoir Avenue
Norfolk, VA 23504
- – beds
- – baths
- 2,880 sqft
- $112 per sqft
- 1985 build
- – on site
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Great Investment Opportunity to build your portfolio or a first-time home buyer looking to capitalize on their investment potential by living in one and renting out the other 3. This well-maintained, low-maintenance 4-PLEX has reserved parking with a Rent Cash Flow of Almost $3,000 a Month which is equivalent to $36,000 a Year! Tenants pay their utilities and some are long-term residences for over 4+ years. All units are currently month-to-month but would love to stay. Located for easy access to shipyards, military bases, interstates, shopping, entertainment, and more. Don't let this slip away start investing in yourself today.
Last checked:
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Last updated Nov 19, 2024
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MLS# 10517408 —
The Building
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Year Built:1985
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Style:Over/Under
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Roof:Asphalt Shingle
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Exterior Siding:Brick, Vinyl
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Foundation Type:Slab
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SqFt:2,880 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:Back Fenced, Wood Fence
Listing Agent
- Contact info:
- Office phone:
- (757) 486-8800
Taxes
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Tax Amount Approx:$3,531
The Listing
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Disclosures:Disclosure Statement
Utilities
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Water Type:City/County
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Meters Separate:Electric, Water
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Sewer Type:City/County
Appliances
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Water Heater Type:Electric
Schools
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Elementary School:Richard Bowling 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
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Neighborhood 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 |
|---|---|---|---|---|
|
2/29/24
Feb 29, 2024
|
Sold | REIN | $325,000 | -7.1% |
|
1/26/24
Jan 26, 2024
|
Pending | REIN | $349,900 | |
|
1/23/24
Jan 23, 2024
|
Listed / Active | REIN | $349,900 |
