Sold for $75,000 on May 23, 2019
ODU REHAB Investment Opportunity! Top unit should rent for $800 & bottom unit for $1,000, ($21,600/YR). This over & under duplex is in the Lambert's Point Neighborhood; next to ODU. The duplex (unit A is @ 915 S F) & unit B is @ 721 S F). The property is a legal non-conforming Duplex on 2 (25 X100) lots that cannot be separated. The duplex can be rehabed, converted to a single family home or razed to build a new single family home. NEW homes sell for @ 240-300 K depending on the S F. (NOTE: ALL DIMENSIONS R PER CITY RECORDS AND BUYER TO USE DUE DILIGENCE AS TO ANY IMPROVEMENTS NEEDING CITY APPOROVAL) The roof and two 30 Gal WH's are @ 2+ years old. The downstairs unit Bath & Kitchen were updated @ 2+ years ago. There are two refrigerators & one gas stove. All the structures and appliances convey "AS-IS" "WHERE IS" and the seller will make NO Repairs. CASH/REHAB loans only & No CCA. POF Letter is Required.
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