204 Central Avenue AVE, Suffolk, VA 23434
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204 Central Avenue AVE, Suffolk, VA 23434
204 Central Avenue AVE, Suffolk, VA 23434
204 Central Avenue AVE, Suffolk, VA 23434
204 Central Avenue AVE, Suffolk, VA 23434
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$ 245,000
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204 Central Avenue AVE Suffolk, VA 23434

2,200 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $111

Subdivision Old Town Suffolk

MLS Listing ID 10656924

Style Over/Under

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,151

Lot Size 2200.000 Acres

Property Sub-Type Duplex

Property Description

Discover an excellent investment opportunity at 204 Central Avenue in Suffolk! This over-under duplex features two spacious 3-bedroom, 1-bath units, each offering approximately 1,100 square feet of living space. Both units feature inviting front porches, while the property offers a carport, large driveway, and a generously sized storage shed with two separate sections. Both units are tenant-occupied, with current monthly rents of $1,325 and $1,400, generating a combined $2,725 in monthly rental income. One unit is leased through March 31, 2027, while the other is on a month-to-month tenancy. Tenants are responsible for all utilities.

Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; 1622 Prentis Avenue, Portsmouth (MLS# 10656915) offered at $250,000; and 1551 Spruce Street, Norfolk (MLS# 10656917) offered at $280,000. This property, 204 Central Avenue (MLS# 10656924), is offered individually at $245,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads.

Location

State VA

County Suffolk

Area 62 - Central Suffolk

Zoning URBAN

Interior

Hot Water Electric

Exterior

Fence None

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Lot Description Shed

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Hillpoint Elementary

Middle Schools King`S Fork Middle

High Schools Kings Fork

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement


Real Estate Information Network (REIN)
Listed by Coastal Group Inc.

Nearby Schools & Properties

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204 Central Avenue AVE

Alice Kuester

Alice Kuester

REALTOR® License ID: 0225074984

+1(804) 514-1363

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