Portsmouth, VA 23704,1517 Summit AVE

$525,000

$513,000

2.3%
Est.Price: ?

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Est. payment /mo

3,000 SqFt


SOLD DATE : 05/12/2025

Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $175

Subdivision Brighton

MLS Listing ID 10574989

Sold Date 05/12/25

Style Converted S.F.

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,208

Property Sub-Type Quadruplex

Property Description

Welcome to this beautifully renovated quadraplex, located in the vibrant city of Portsmouth! This turn-key investment opportunity boasts modern updates while maintaining its classic charm. Each unit features fresh, contemporary finishes, making it a great choice for tenants seeking comfort and style. Whether you're looking to invest in a high-demand rental property or occupy one of the units while enjoying rental income from the others, this quadraplex offers tremendous potential. Each unit is currently rented out with long-term tenants that have annual leases.

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning RS-60

Interior

Hot Water Electric

Exterior

Fence Partial

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Lot Description Patio

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Douglass Park Elementary

Middle Schools Cradock Middle

High Schools Manor High

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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Real Estate Information Network (REIN)
Listed by Own Real Estate LLC
Bought with AtCoastal Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(844) 714-2773

info@bpreal.estate

739 High Street STE 104, Portsmouth, Virginia, 23704, USA

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