Pets Allowed
Address
430 High ST Portsmouth, VA
Price
$ 1,250,000
Property Attributes
- MLS#10406074
- TypeApartment
- CountyPORTSMOUTH CITY
- CityPortsmouth
- AreaCentral Portsmouth
- NeighborhoodOlde Towne
- Zip23704
- StyleApartments 3+
- Year Built1941
- Taxes$ 8930
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
Atlantic Sothebys Int'l Realty
Data Source:
Real Estate Information Network (REIN)
Property Description
This property is a rare opportunity to own and redevelop a historic mixed use building in Olde town Portsmouth. This true diamond in the rough could be brought back to life with the right vision. There currently are 8 fully occupied apartments on the third floor, rental income is $6,600/mo. Three 1-bedroom, and five 2-bedroom apartments each with a full bathroom, recently renovated and under rental value. The first and 2nd floor was once a dinner theater, and has a city tax credit for keeping high ceiling height, but could be converted into additional apartments. There are several other offices, bathrooms and kitchen space. Elevator is maintained and inspected regularly. The possibilities are endless. Showings are available by appointment only, agent must be present. Please Do Not Disturb Tenants.
| Elementary School | Middle School | High School |
|---|---|---|
| Park View Elementary | Churchland Middle | IC Norcom High School |
General Features
| Area | 21 - Central Portsmouth |
|---|---|
| Construction | Block, Frame |
| Contingencies | Feasibility Study/Due Diligence |
| Cooling | Central Air |
| Elementary School | Park View Elementary |
| Features | Elevator, Laundry Room |
| Heating | Forced Hot Air, Nat Gas |
| High School | IC Norcom |
| Middle School | Churchland Middle |
| Ownership Type | Simple |
| Parking | 1 Space, Assigned/Reserved, Street |
| Property Type | Apartments 3+ |
| Roof | Poly Skin |
| Subdivision Name | OLDE TOWNE - 119 |
| Type Of Apartment | Other |
| Utilities | City Sewer, City Water, Electric, Gas, Meter |
| Zoning | T5 |
Interior Features
| Flooring Type | Carpet, Vinyl |
|---|---|
| Units Total Number | 8 |
| Water Heater Type | Gas |
Exterior Features
| Disclosure | Disclosure Statement, Historical District |
|---|---|
| Foundation | Basement |
| Siding | Brick |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Apartment Average in 23704
Price
Taxes
Visits
Year Built
Walkscore
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