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Multifamily

329 North Street

329 North St, Portsmouth, VA 23704

Listing Price: $1,050,000

Cap Rate
6.83%
Number of Units
12
Price/Unit
$87,500
Price/Gross SF
$87.28
Gross SF
12,030

Investment Overview

The property consists of twelve (12) eight two-bedroom one-bathroom and four one-bedroom one bathroom units built in 1900 and situated on 0.23 acres. The property’s central location affords residents easy access to the Hampton Roads’ top employers.

Investment Highlights

  • 12 Units: Four 1-Bedroom and 1-Bathroom & Eight 2-Bedroom and 1-Bathroom
  • 1.2 Miles from Norfolk Naval Ship Yard
  • 2.8 Miles from Downtown Norfolk
  • 11.2 Miles from Norfolk Naval Station
  • Value-Add Opportunity: Perfect Candidate for Apartment Interior Renovations

Exclusively Listed By

Listing Price: $1,050,000

Cap Rate
6.83%
Number of Units
12
Price/Unit
$87,500
Price/Gross SF
$87.28
Gross SF
12,030

Investment Highlights

  • 12 Units: Four 1-Bedroom and 1-Bathroom & Eight 2-Bedroom and 1-Bathroom
  • 1.2 Miles from Norfolk Naval Ship Yard
  • 2.8 Miles from Downtown Norfolk
  • 11.2 Miles from Norfolk Naval Station
  • Value-Add Opportunity: Perfect Candidate for Apartment Interior Renovations

Investment Overview

The property consists of twelve (12) eight two-bedroom one-bathroom and four one-bedroom one bathroom units built in 1900 and situated on 0.23 acres. The property’s central location affords residents easy access to the Hampton Roads’ top employers.

Exclusively Listed By

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