430 High St, Portsmouth

$1,250,000

0 Bed
0 Bath
0 Acre
0 Garage

This property is a rare opportunity to own and redevelop a historic mixed use building in Olde town Portsmouth. This true diamond in the rough could be brought back to life with the right vision. There currently are 8 fully occupied apartments on the third floor, rental income is $6,600/mo. Three 1-bedroom, and five 2-bedroom apartments each with a full bathroom, recently renovated and under rental value. The first and 2nd floor was once a dinner theater, and has a city tax credit for keeping high ceiling height, but could be converted into additional apartments. There are several other offices, bathrooms and kitchen space. Elevator is maintained and inspected regularly. The possibilities are endless. Showings are available by appointment only, agent must be present. Please Do Not Disturb Tenants.

Essential Information
MLS® #10406074
Price$1,250,000
Bathrooms0.00
Acres0.00
Year Built1941
TypeApartments 3+
Sub-TypeOther
StatusActive
Community Information
Address430 High St
AreaCentral Portsmouth
SubdivisionOlde Towne
CityPortsmouth
StateVA
Zip Code23704
Amenities
FeaturesElevator, Laundry Room
Parking Spaces1
Utilities

City Sewer, City Water, Electric, Gas, Meter

Parking

1 Car, Street, Assigned/Reserved

Interior
HeatingForced Hot Air, Natl Gas
CoolingCentral Air
# of Stories3
Exterior
ExteriorBrick
RoofPoly Skin
ConstructionBlock, Frame
FoundationBasement
School Information
ElementaryPark View Elementary
MiddleChurchland Middle
HighIC Norcom
Additional Information
Days on Market48
ZoningT5
Listing Details
Listing Courtesy ofAtlantic Sothebys Int'l Realty
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