Property Description:
Assignment of Contract Available for Newport News Rooming House!
2410 Marshall Ave, Newport News, VA 23607
Two-Story Dwelling w/
4 Bedrooms, 1.5 Bathrooms, 1,424 SF
Built 1930 on 0.06-Acres
Easy conversion back to SFR
* Please Do Not Disturb Tenants *
Currently rented by the room with 6 tenants at $500/month per tenant.
[$3,000/month Gross Rental Income]
23607 Comps:
1628 Oak Ave. 3 beds, 2 baths, 1526 sqft, built 1940. Sold for $235,000 on 2/21/2023 ($154.00 / sqft).
832 22nd St. 3 beds, 2.5 baths, 1650 sqft, built 1920. Sold for $246,500 on 2/14/2023 ($149.39 / sqft).
2911 Madison Ave. 4 beds, 2.5 baths, 1682 sqft, built 1930. Sold for $250,000 on 1/17/2023 ($148.63 / sqft).
1022 25th St. 3 beds, 2.5 baths, 1685 sqft, built 1925. Sold for $257,000 on 12/1/2022 ($152.52 / sqft).
3114 Madison Ave. 3 bed, 2 bath, 1538 sqft, built 1925. Sold for $240,000 on 11/10/2022 ($156.05 / sqft).
Contract Price: $119,900.
Contact 804-409-3006 for your next investment property today!
Check out our full inventory and sign up for our buyers' list here:
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