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1336 Picadilly St
Norfolk, VA 23513
Immeuble residentiel Propriété À vendre
·
6 Unités
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Faits saillants de l'investissement
- Six-unit multifamily property with 100 percent occupancy and stable income.
- Recent system upgrades, including HVAC and water heaters, enhance operational reliability.
- Located in a resilient market with strong rental demand and diverse employment drivers.
- Each unit offers a 3-bedroom, 2-bathroom layout with in-unit laundry and modern finishes.
- Convenient access to Interstate 64 and surrounding Norfolk neighborhoods.
- Ample on-site parking with 12 dedicated spaces for residents.
Résumé de l'annonce
Colliers presents 1336 Picadilly Street, a six-unit multifamily investment opportunity in Norfolk, Virginia. Built in 2009, this three-story property sits on approximately 0.47 acres and offers a low-maintenance design with consistent operational performance. Each of the six units features a spacious three-bedroom, two-bathroom layout totaling 1,200 square feet, with in-unit laundry, LVP flooring, and ample storage. All units are separately metered, providing efficient utility management for owners.
The property has undergone recent capital improvements, including HVAC and water heater upgrades, reducing near-term capital expenditure requirements. With 100 percent occupancy and in-place rents averaging $1,900 per unit, the asset delivers stable cash flow and strong income potential. The site includes 12 parking spaces and offers convenient access to major roadways, including Interstate 64, ensuring connectivity to the broader Hampton Roads region.
Norfolk’s multifamily market remains resilient, supported by a diverse employment base, proximity to the waterfront, and a strong cultural and economic hub. This property represents an attractive opportunity for investors seeking a well-maintained, income-producing asset in a stable submarket with long-term growth potential.
The property has undergone recent capital improvements, including HVAC and water heater upgrades, reducing near-term capital expenditure requirements. With 100 percent occupancy and in-place rents averaging $1,900 per unit, the asset delivers stable cash flow and strong income potential. The site includes 12 parking spaces and offers convenient access to major roadways, including Interstate 64, ensuring connectivity to the broader Hampton Roads region.
Norfolk’s multifamily market remains resilient, supported by a diverse employment base, proximity to the waterfront, and a strong cultural and economic hub. This property represents an attractive opportunity for investors seeking a well-maintained, income-producing asset in a stable submarket with long-term growth potential.
Faits sur la propriété Sous contrat
| Type de vente | Investissement | Classe d’immeuble | B |
| Nombre d’unités | 6 | Taille du lot | 0,47 AC |
| Type de propriété | Immeuble residentiel | Taille du bâtiment | 7 266 pi² |
| Sous-type de propriété | Appartement | Nombre d’étages | 3 |
| Style d’appartement | De faible hauteur | Année de construction | 2009 |
| Zonage | R-11 | ||
| Type de vente | Investissement |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,47 AC |
| Taille du bâtiment | 7 266 pi² |
| Nombre d’étages | 3 |
| Année de construction | 2009 |
| Zonage | R-11 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 3+2 | 6 | - | - |
Impôts fonciers
| Numéro de lot | 29398000 | Évaluation des bâtiments | 888 246 $ CAD |
| Évaluation du terrain | 77 580 $ CAD | Évaluation totale | 965 826 $ CAD |
Impôts fonciers
Numéro de lot
29398000
Évaluation du terrain
77 580 $ CAD
Évaluation des bâtiments
888 246 $ CAD
Évaluation totale
965 826 $ CAD
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