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435 Monticello Ave , 300C

Norfolk, VA 23510
  • $250,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: 10600972
UPDATED: 22 min ago
$250,000
  • 1
    BEDS
  • 0.01
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,132
    SQFT
  • $221
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1920

School Information

Elementary School:
Middle School:
High School:

Description

PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTYSteps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026.$250,000 - Turnkey Investment Brand new floors, paint, and finishes throughout HVAC maintained on service plan 1 parking space included No vacancy risk - tenant in place until Fall 2026Premium downtown location ensures strong rental demand in Norfolks entertainment district. Current tenant paying market rate with lease already secured. Zero additional investment needed - property is move-in ready and generating income from closing.Motivated seller, smooth transaction. Perfect opportunity to add stable income to your portfolio in one of Norfolks most desirable rental locations.

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www.phillipdavishomes.com/homes/167703014
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435 Monticello Ave , 300C Norfolk, VA 23510

  • Price: $250,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 22 min ago
  • ID#: 10600972
1
Beds
1
Baths
1
½ Baths
0.01
Acres
1,132
SQFT
$221
$/SQFT
1920
Built
Neighborhood:
Downtown Area
Area:
11 - West Norfolk
Elementary School:
Walter Herron Taylor Elementary
Middle School:
Blair Middle
High School:
Maury
Property Description
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTYSteps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026.$250,000 - Turnkey Investment Brand new floors, paint, and finishes throughout HVAC maintained on service plan 1 parking space included No vacancy risk - tenant in place until Fall 2026Premium downtown location ensures strong rental demand in Norfolks entertainment district. Current tenant paying market rate with lease already secured. Zero additional investment needed - property is move-in ready and generating income from closing.Motivated seller, smooth transaction. Perfect opportunity to add stable income to your portfolio in one of Norfolks most desirable rental locations.
Exterior Features

Exterior Siding Brick Fence Description None Fence YN No Foundation Type Slab Garage YN No Parking 1 Space Pool No Pool Roof Poly Skin Style Mid Rise Waterfront Description Not Waterfront Waterfront YN No

Interior Features

Appliances DishwasherDisposalDryerDryer HookupRangeElec RangeRefrigeratorWasherWasher Hookup Condo Level 3 Cooling Central Air Fireplaces Number 0 First Flr Bed Full Bath YN Yes Flooring Type Wood Heating Forced Hot AirHeat Pump Rooms Number 5 Water Heater Type Electric

Property Features

Contingency Exists Non Contingent Disclosure None Fees Condo 560 Fees POAMonthly 0 Hoa YN Yes HOAAssoc Legal Name N/A Master Model YN No New Construction YN No Ownership Type Condo Possession SETTLEMENT Sewer Type City/County Tax Amount Approx 2473 Water Type City/County

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