2,100 SqFt
2,100 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $133
Subdivision Coleman Place
MLS Listing ID 10656917
Style Over/Under
HOA Y/N No
Year Built 1951
Annual Tax Amount $2,312
Lot Size 2100.000 Acres
Property Sub-Type Duplex
Property Description
IMPORTANT LENDER APPROVAL REQUIREMENT: All four properties currently secure a commercial umbrella loan. Any individual or package sale is subject to approval by the existing lender of the release and payoff terms applicable to each property being sold. This is not a traditional residential short sale; however, lender participation and written approval of each property release will be required before closing. Buyers and agents should anticipate additional time for lender review and should structure settlement dates accordingly. Seller may consider and negotiate offers subject to this lender approval process.
Seven of the eight units are currently tenant occupied. Tenant privacy and required notice periods must be respected. Occupied units will be shown only during designated showing days and tenant-available time blocks established by the listing agent. Prior to occupied-unit showings, prospective purchasers should provide evidence of funds available for the required down payment and current lender preapproval or other satisfactory financing documentation. One unit at 1622 Prentis Ave is currently vacant and may be available for more flexible showing appointments.
Lease information and basic rent roll are available to qualified prospective purchasers. Contact listing agent regarding showing schedules, multiple-property/package offers, lender approval procedures, lease information and additional portfolio details.
Location
State VA
County Norfolk
Area 12 - East Norfolk
Zoning R-11
Interior
Hot Water Electric
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Coleman Place Elementary
Middle Schools Norview Middle
High Schools Bt Washington
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement, Short/Comp Sale
Special Listing Condition Disclosure Statement, Short/Comp Sale
Schools and Properties Nearby
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