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$750,000
Est. payment /mo
2,094 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 2,094 sqft
Price per Sqft $358
Subdivision Hilton Village
MLS Listing ID 10608120
HOA Y/N No
Annual Tax Amount $2,487
Lot Size 0.340 Acres
Property Sub-Type Purchase
Property Description
This portfolio contains five properties. The properties are in mixed use zones, but have been occupied
for residential use for many years. The portfolio is being sold below appraised value and is being sold “as
is, where is”. An information package can be obtained once a Confidentiality Agreement has been signed. Contingencies for financing and/or bank appraisals will not be accepted. Owner financing is not available. The properties are tenant occupied. This property is best for an investor that has the ability to secure the property with cash, and has knowledge and skills in construction or access construction assistance, as the value add component of the investment is improving the property. The Hilton (Newport News) location is excellent and, with improvements, this portfolio can perform well for resale and/or retain for rental income.
for residential use for many years. The portfolio is being sold below appraised value and is being sold “as
is, where is”. An information package can be obtained once a Confidentiality Agreement has been signed. Contingencies for financing and/or bank appraisals will not be accepted. Owner financing is not available. The properties are tenant occupied. This property is best for an investor that has the ability to secure the property with cash, and has knowledge and skills in construction or access construction assistance, as the value add component of the investment is improving the property. The Hilton (Newport News) location is excellent and, with improvements, this portfolio can perform well for resale and/or retain for rental income.
Location
State VA
County Newport News
Area 108 - Newport News Midtown West
Zoning C2
Interior
Heating Gas, Hot Water
Cooling None
Exterior
Parking Features Off Street, Street
Utilities Available City Sewer, City Water, Electric, Gas
Roof Type Composite
Building
Foundation Crawl
Others
Senior Community No
Ownership Simple
Disclosures Estate, Exempt from Disclosure/Disclaimer, Historical District
Special Listing Condition Estate, Exempt from Disclosure/Disclaimer, Historical District
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Listed by Coldwell Banker Traditions LLC
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Davina Hughes
Team Lead