1007-1031 Green Street, Portsmouth, VA 23704

Property Status: Available (Wholesale) | For Sale: $700,000.00

2 Bedrooms / 1 Baths / Multiple Family

Property Photos

INVESTMENT Apartment Units

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $700,000.00
Property Details:
2 Bedrooms / 1 Baths / Multiple Family
Property Style:
5+ Units
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
D818Investments, LLC
(757) 574-2523

View on Individual's Website
Six apartment units in each of the two buildings at this location. Units 1007 through 1017 are in one building and units 1021 through 1031 are in the second building. Each unit is separate and can be sold off as a condo. Each unit has its own tax assessment. All units are currently rented and have been renovated. Parking is available for each unit. Units 1007 through 1017 are currently rented at $800.00 each totaling $4,800.00 income per month. Units 1021 has a rent of $900.00 per month and unit 1025 has a rent of $850.00 per month. Units 1023, 1027, 1029, and 1031 have a rent of $800 per month totaling $4950.00 per month. Insurance for units 1007 through 1017 is $2350 per year, units 1021 through 1025 is $1,330 per year and units 1027 through 1031 is $890.00 per year. All insurance has just been paid for the year. Taxes for all units per year is $12,670.04 per year.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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