About 243 Maryland Ave
8-unit brick apartment building with a new roof and 2BR/1BA units. Multiple levers to increase cash flow, including rent adjustments and utility reimbursement. Mostly month-to-month leases offer flexibility. Attractive opportunity for 1031 or long-term portfolio investors. Prime location short distance to the interstate, shipyards, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.
Features of 243 Maryland Ave
| MLS® # | 10617169 |
|---|---|
| Price | $1,035,000 |
| Bathrooms | 0.00 |
| Year Built | 1971 |
| Type | Apartments 3+ |
| Sub-Type | Garden |
| Status | Active |
Community Information
| Address | 243 Maryland Ave |
|---|---|
| Area | Central Portsmouth |
| Subdivision | PORT NORFOLK |
| City | Portsmouth |
| State | Virginia |
| Zip Code | 23707 |
Amenities
| Utilities | City Sewer, City Water, Electric, Sewer Avail, Water Avail |
|---|---|
| Parking Spaces | 1 |
| Parking | 1 Space, Assigned/Reserved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Basebd, Electric |
|---|---|
| Cooling | Window/Wall |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | 80X140 |
| Roof | Asphalt Shingle |
| Construction | Frame |
| Foundation | Slab |
School Information
| Elementary | Waterview Elementary |
|---|---|
| Middle | Churchland Middle |
| High | Churchland |
Additional Information
| Days on Market | 21 |
|---|---|
| Zoning | HR |
| Short Sale | No |
| RE / Bank Owned | No |