$250,000

435 Monticello Ave Unit 300C, Norfolk, VA 23510

  • 1 bed |
  • 1 bath |
  • 1,132 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon484sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $221/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Steps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026. $250,000 - Turnkey Investment • Brand new floors, paint, and finishes throughout • HVAC maintained on service plan • 1 parking space included • No vacancy risk - tenant in place until Fall 2026 Premium downtown location ensures strong rental demand in Norfolk’s entertainment district. Current tenant paying market rate with lease already secured. Zero additional investment needed - property is move-in ready and generating income from closing. Motivated seller, smooth transaction. Perfect opportunity to add stable income to your portfolio in one of Norfolk’s most desirable rental locations.

Listing Status:
Active
Listing Office:
KW METRO CENTER : 805-858-9000
Listing Agent:
Eugene Shull Jr. :
MLS ID:
10600972
  • Appliances: DishwasherDisposalDryerDryer HookupRangeElec RangeRefrigeratorWasherWasher Hookup
  • Flooring: Wood
  • A/C: Central Air
  • Heating: Forced Hot AirHeat Pump
  • Fireplace: Fireplaces: 0

This listing courtesy of Eugene Shull Jr., KW METRO CENTER

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

P. B. Young, Sr. Elementary School

543 E Olney Rd, Norfolk, VA, 23510

Grades PK-2

0.37 miles away

B

Blair Middle School

730 Spotswood Ave, Norfolk, VA, 23517

Grades 6-8

1.20 miles away

M

Maury High School

322 Shirley Ave, Norfolk, VA, 23517

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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