Virginia Beach, VA 23451,1207 Cypress AVE
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Davina Hughes

Davina Hughes

+1(251) 623-2278
$629,900
Est. payment /mo
1,600 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $393

Subdivision Lakewood - 142

MLS Listing ID 10612176

Style Side by Side

HOA Y/N No

Year Built 1970

Annual Tax Amount $3,800

Property Sub-Type Duplex

Property Description

Great duplex opportunity with large yards located in the highly desirable Shadowlawn/Lakewood area of the Oceanfront. This property features solid construction and a functional layout with two separate units, each offering two bedrooms and one bathroom. Ideal for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a value-add opportunity. The property is being sold 100% as-is, where-is, with no repairs by the seller. In addition to its income potential, this property also represents an excellent land investment. The lot allows for redevelopment into a larger duplex, with the potential to build two approximately 2,300-square-foot homes. Whether you choose to renovate the existing structure for a turnkey rental or develop a custom duplex, the possibilities are strong. Conveniently located near the Oceanfront, dining, shopping, and bases. Call today for details.

Location

State VA

County Virginia Beach

Area 43 - Northeast Virginia Beach

Zoning R5D

Interior

Hot Water Electric

Exterior

Fence Picket

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Accessibility Level Flooring

Building

Foundation Slab

Sewer City/County

Water City/County

Schools

Elementary Schools W.T. Cooke Elementary

Middle Schools Virginia Beach Middle

High Schools Frank W. Cox

Others

Senior Community No

Ownership Simple

Miscellaneous Rehabilitated

Disclosures None

Special Listing Condition None

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Listed by Broadsight Realty

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Davina Hughes
Davina Hughes

Team Lead

+1(251) 623-2278

500 W 21st St, Norfolk, VA, 23517-1955, USA

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