600 74th St, Newport News, Virginia

$1,600,000

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About 600 74th St

This updated 12-unit multifamily property offers a rare combination of immediate income, extensive recent upgrades, and long-term value. With a strong rental history and five stable Section 8 tenants, investors can enjoy consistent returns from day one. 1031 Exchange Key Highlights & Upgrades: 10 units featuring brand new kitchens and bathrooms All 12 units are equipped with brand new HVAC systems (2025) 5 units with new water heaters 6 units with new carpet for a modern, refreshed feel Freshly painted and enhanced stairs and walkways (2024) Major building systems updated, including main pipeline replacement (2022) Parking lot resurfaced and fencing installed (2022), improving overall safety and aesthetics On-site security system for added peace of mind

Features of 600 74th St

MLS® # 10596064
Price $1,600,000
Bathrooms 0.00
Year Built 1966
Type Apartments 3+
Sub-Type Garden
Status Active

Community Information

Address 600 74th St
Area Newport News South
Subdivision PARK VIEW
City Newport News
State Virginia
Zip Code 23605

Amenities

Utilities City Sewer, City Water, Electric, Gas, Gas Avail, Meter
Parking Assigned/Reserved, Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Hot Air
Cooling Central Air
Fireplace No
# of Stories 2

Exterior

Exterior Brick
Roof Asphalt Shingle
Construction Block, Concrete
Foundation Slab

School Information

Elementary Carver Elementary
Middle Crittenden Middle
High Heritage

Additional Information

Days on Market 85
Zoning C2
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Property Management Pen

Listing Map

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