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+17575280108
1st Class Real Estate Flagship
1146 W Ocean View Avenue, North Norfolk, VA 23503
- $325,000
- 1,750
- SqFt
- Sold Price
- $325,000
- Status
- SOLD
- MLS#
- 10634125
- Closing Date
- May 28, 2026
- Year Built
- 1917
- Style
- Over/Under
- Living Area
- 1,750
- County
- Norfolk VA
- City
- North Norfolk
- Subdivision
- Willoughby Beach
Property Description
This is the kind of opportunity people wait years for in OV.Rare duplex value-add opportunity a block to the Chesapeake Bay with NO HOA/CONDO fees,a combination becoming nearly impossible to find in this area anymore,last of the dying breed.This Duplex needs substantial reno & is being sold strictly as-is where is.Potential is massive w/ the right vision and rehab,has the potential to become a $500k + coastal income-producing asset in one of Norfolk’s fastest-growing waterfront corridors.Multifamily opportunities near the water w/ this kind of long-term equity potential are becoming increasingly scarce.Investors,builders,BRRRR strategies,long-term rentals,short-term rental potential(buyer to verify),or owner-occupants looking to create wealth through real estate.Strong demand for rental housing,close proximity to beaches,bases,restaurants,interstate access & redevelopment throughout the Ocean View area continue to drive values upward. MUST SIGN HOLD HARMLESS TO ENTER
Additional Information
- Roof
- Asphalt Shingle
- Exterior
- Vinyl
- Waterfront Description
- Not Waterfront
- Sewer
- City/County
- Elementary School
- Ocean View Elementary
- Middle School
- Northside Middle School
- High School
- Granby
- Contingency Exists
- Non Contingent
- Days on Market
- 7
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Listing courtesy of 1st Advantage Realty LLC. Selling Office: .
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