531 Edwards Street
Portsmouth, VA 23704
- – beds
- – baths
- – sqft
- 9,148 sqft lot
- – on site
Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Great location near Downtown Portsmouth, I-264, the Downtown Tunnel and within proximity to Norfolk Naval Shipyard. Property is 75 x 121 or 9,075 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are no other similar properties for sale for the multifamily builder/investor.
Listing courtesy of REIN / BHHS RW Towne Realty
Last checked:
Checking…
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Last updated Nov 25, 2024
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MLS# 10560366 —
Financial & Terms
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Ownership Type:Simple
Location
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Area:21 - Central Portsmouth
The Property
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Property Type:Land and Farms
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Lot Size:Less Than 1/4 Acre
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Lot Front:75
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Lot Depth:120
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Current Use:None
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Lot Dimensions:120 X 75
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Approx Acres:0.2100
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Possible Use:Multi Family, Residential
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Zoning:URH
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Land Description:In Subdivision, Interior
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Improvements:Curbs, Drainage Gutters, Sidewalks
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Waterfront Description:Not Waterfront
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Buildings:None
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Fence Description:None
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Tree Description:Partial
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Road Frontage:City / County
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Road Surface:Paved
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Perc Test Table:None
Listing Agent
- Contact info:
- Office phone:
- (757) 523-4900
Taxes
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Tax Amount Approx:$749
The Listing
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Disclosures:None
Utilities
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Utilities:City Sewer, City Water, Electric, Gas
Schools
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Elementary School:Brighton Elementary
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Middle School:Churchland Middle
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High School:Manor High
The Community
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Subdivision Name:SOUTHSIDE
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/25/24
Nov 25, 2024
|
Listed / Active | REIN | $79,900 |