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323 Dinwiddie St
Portsmouth, VA 23704
Multifamily Property For Sale
·
3 Units
Investment Highlights
- 3-Unit Historic Multi-family Investment Property Olde Towne Portsmouth, VA
- Upside Potential for increased Rent ands improved NOI with conversion to electric heat pumps for HVAC
- Perfect candidate for Historic Tax Credits
- Turn-key investment with limited deferred maintenance and immediate cash flow
- 3-Units; 3-Beds 1-Bath; each unit 1,975 SF w/ 850 SF private balcony
- Built in 1910 with $175,000+ in improvements in the last 5-years
Property Facts
| No. Units | 3 | Building Size | 5,925 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1910/2022 |
| Lot Size | 0.15 AC | ||
| Zoning | HR - Historic Residential | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.15 AC |
| Building Size | 5,925 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2022 |
| Zoning | HR - Historic Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Washer/Dryer
- Heating
- Ceiling Fans
- Crown Molding
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Yard
- Built-In Bookshelves
- Dining Room
- Garden
Site Amenities
- Fenced Lot
- Trash Pickup - Curbside
- Walking/Biking Trails
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | $1,800 | 1,975 |
Property Taxes
| Parcel Number | 0008-0370 | Improvements Assessment | $413,870 |
| Land Assessment | $146,170 | Total Assessment | $560,040 |
Property Taxes
Parcel Number
0008-0370
Land Assessment
$146,170
Improvements Assessment
$413,870
Total Assessment
$560,040
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