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Image 1 - 1074 Norview Ave, Norfolk, Virginia, 23513 - House for sale
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Norview Ave, Norfolk, Home For Sale
1074 Norview Ave, Norfolk, Virginia, 23513

Norview Ave, Norfolk, Home For Sale

house for sale
Listed: 08/21/24

1074 Norview Ave, Norfolk, Virginia, 23513

5 Bed:
2 Bath:
2,176 Sq Ft Living Area:
Save
Price
$ 309,900

About This House

Back on market at no fault of seller - Seize the opportunity to add this beautifully renovated duplex to your investment portfolio. This property has been upgraded, featuring new luxury vinyl plank (LVP) flooring throughout, a completely modernized kitchen with brand-new appliances, and fresh, stylish paint in every room all in the downstairs unit. The upstairs unit is already generating steady income with an upstairs tenant paying$1, 000per month, currently on a month-to-month lease. This flexible arrangement offers you the freedom to either continue with the existing tenant or make adjustments to maximize rental income. With all major updates completed, this property is turnkey and poised for strong returns. Whether you're looking to start generating income right away or plan for future growth, this duplex is a solid investment in an appreciating market.

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Willard Park Housing & Living

Household Income

Median household income: $47,137
Number of households: 87,249
The average household income in Norfolk, VA grew from $45,268 to $47,137 in the past year. This data is an estimate based upon 87,249 households in Norfolk, VA.
The chart below presents how household income is distributed in Norfolk, VA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Norfolk, VA compared to median property taxes around the country. The prevalent amount of property taxes in Norfolk, VA equals $3k+ , which is less than the national average.