816 50th Street
Norfolk, VA 23508
- – beds
- – baths
- 2,280 sqft
- $153 per sqft
- 1950 build
- – on site
This triplex is a prime investment, offering strong rental income currently bringing in $3075/month. The property includes a 4-bedroom, 1-bath main unit (1,200 sq. ft.) with central heat/air, in-unit washer/dryer; currently rented for $1,200/month with potential for an increase. The second unit is a 1-bedroom, 1-bath apartment (600 sq. ft.) featuring a mini-split AC, window unit, fridge, and gas range, currently rented for $925/month under a renewed lease. The third unit, a unique garage conversion, offers 1-bedroom, 1-bath, in-unit washer/dryer, and 480 sq. ft. (plus a loft) with updated features, also rented under a renewed lease, renting for $900/month. Additional updates include a new roof in 2021 & newer windows in the main house and garage units.
Listing courtesy of REIN / Howard Hanna Real Estate Services
Last checked:
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Last updated Dec 16, 2024
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MLS# 10562162 —
The Building
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Year Built:1950
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Style:Other
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Roof:Asphalt Shingle
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Exterior Siding:Asbestos
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Foundation Type:Crawl
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SqFt:2,280 Sqft
Financial & Terms
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Ownership Type:Simple
Location
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Area:11 - West Norfolk
The Property
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Property Type:Multi Family Residential
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Property Subtype:Triplex
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Zoning:R-8
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Waterfront Description:Not Waterfront
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Fence Description:Partial
Listing Agent
- Contact info:
- Office phone:
- (757) 625-2580
Taxes
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Tax Amount Approx:$3,300
The Listing
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Disclosures:Disclosure Statement, Related to Seller
Utilities
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Water Type:City/County
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Meters Separate:Electric, Gas
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Sewer Type:City/County
Appliances
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Water Heater Type:Gas
Schools
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Elementary School:Larchmont Elementary
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Middle School:Blair Middle
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High School:Maury
The Community
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Subdivision Name:HIGHLAND PARK WEST
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 |
---|---|---|---|---|
12/4/24
Dec 4, 2024
|
Listed / Active | REIN | $350,000 |