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5825 Jefferson Ave

Newport News, VA 23605
  • $550,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 10408051
UPDATED: 93 min ago
$550,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,111
    SQFT
  • $90
    $/SQFT
Neighborhood:
Park View - 046
Type:
Commercial
Built:
1989
Area:
106 - Newport News South

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Description

Investing Opportunities Like This Come Around Once In A While. The Primary Structure Generates An Income of $4,000 and the 2nd Structure, Detached from the Primary Building, Generates $600/month. The Annual Gross Income Is $55,200. This Property Is In A Multi-Year Lease (3 Years Remaining), With The Tenant Paying All Utilities. Property Being Sold In Conjunction With 5827 Jefferson Ave (Tax ID# 287.00-04-17 / Legal Description PT46). Both Lots Total 38,000sf (19,000sf Per Lot) With Many Value Add Options Available. Be 1st, Let Your Imagination Run Wild With This Fantastic Opportunity!

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© The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2021 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2021-12-02T20:35:36.63.
www.vahome.com/homes/122715511
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5825 Jefferson Ave Newport News, VA 23605

  • Price: $550,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 93 min ago
  • ID#: 10408051
0
Beds
0
Baths
0
½ Baths
0.44
Acres
6,111
SQFT
$90
$/SQFT
1989
Built
Neighborhood:
Park View - 046
Area:
106 - Newport News South
Property Description
Investing Opportunities Like This Come Around Once In A While. The Primary Structure Generates An Income of $4,000 and the 2nd Structure, Detached from the Primary Building, Generates $600/month. The Annual Gross Income Is $55,200. This Property Is In A Multi-Year Lease (3 Years Remaining), With The Tenant Paying All Utilities. Property Being Sold In Conjunction With 5827 Jefferson Ave (Tax ID# 287.00-04-17 / Legal Description PT46). Both Lots Total 38,000sf (19,000sf Per Lot) With Many Value Add Options Available. Be 1st, Let Your Imagination Run Wild With This Fantastic Opportunity!
Exterior Features

Construction Block Exterior Siding Brick Foundation Type Slab Garage YN No Location FrontageOther Lot Dimensions 190 X 101 Parking 51-100 Spcs Roof Asphalt ShingleWood

Interior Features

Cooling Central Air Flooring Type Concrete

Property Features

Contingency Exists Non Contingent Disclosure Disclosure Statement Features Fire Sprinkler SysLightingMini KitchenOutside StoragePublic RestrmsRear Entrance Lease Type Multi-Year New Construction YN No Ownership Type Simple Possession Closing Tax Amount Approx 2896 Use Type Bar/Tavern Utilities City SewerCity WaterElectricGasMeterWater Avail Zoning C2

Listing provided courtesy of Frontier Realty Group Llc
© 2021 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


© The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2021 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2021-12-02T20:35:36.63.
 
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