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) - 4 - VA
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
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
AVG $890K
$1.25M
Taxes
AVG $7,401
$8,930
Visits
AVG 20
31
Year Built
AVG 1868
1941
Walkscore
AVG 84
84
Data Provided by Walkscore ® not using MLS data