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1300 Bainbridge Blvd, Chesapeake, VA, 23324

3beds
3baths
--sqft
$435,000
--price/sqft
$2,992/moest. monthly cost
$119,680/yrincome needed

About This Home

Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments. The Gross Monthly Rents total $3,825 and there are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS!

Getting Around

59
WalkingSomewhat Walkable
37
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

7/10
3/10

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle,Other
  • Construction materials: Concrete,Frame,Masonry,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Natural Gas
  • Cooling features: Central Air,Wall/Window Unit(s)

Property

Details

  • Parcel number: 1330000002440
  • Zoning: B2

Features

  • Stories: 2
  • Frontage length: 50

Parking

  • Parking features: Parking Lot,Multi Car,Off Street,On Street
  • Has uncovered spaces: Yes