$1,250,000 430 High St Portsmouth, VA

MLS: 10447431   Type: Apartment   County: Portsmouth City   City: Portsmouth   Area: Central Portsmouth   Neighborhood: Olde Towne   Zip: 23704   Style: Apartments 3+     Stories: 3   Taxes: $8,930

Mortgage $5,869 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

0

0

0

0

1941

This property is a rare opportunity to own and redevelop a historic mixed use building in Olde town Portsmouth. There are currently are 8 fully occupied apartments on the third floor, rental income $6,600/mo. Three 1 bedroom and five 2 bedroom apartments, recently renovated and under market rent. The first and second floor was once a dinner theater, and has a a city tax credit available for keeping high ceiling height, but could be converted into additional 6 apartments plus commercial lease space. There are several offices, bathrooms, and kitchen space. 48 hours notice to shoe commercial space, listing agent must accompany showing. POF required prior to scheduling. Occupied units available to show with acceptable offer. Please Do Not Disturb Tenants.

Elementary School

Middle School

High School

Park View Elementary
Distance: 0.81 Miles
Churchland Middle
Distance: 5.35 Miles
Ic Norcom
Distance: 1.07 Miles

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
Furnished Yn No
Units Total Number 8
Water Heater Type Gas

Exterior Features

Foundation Basement
Garage Y/N No
Siding Brick

Property Schools



Direct Link:

https://www.757homeagent.com/property/4-10447431-430-High-St-Portsmouth-VA-23704

Gallery (19 photos)

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Property vs Zip Code Avg (23704)

Price 1.25M Avg 938K

Taxes $8,930 Avg $6,792

Visits 43 Avg 46

Days on Site 80 Avg 84

Walkscore® 84 Avg 84

Data Provided by Walkscore ® not using MLS data

Ask How to Finance this Property

Listed By: Atlantic Sothebys Int'l Realty



Copyright© 2022 REIN Inc. Information Deemed Reliable But Not Guaranteed. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network Inc.(REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. Copyright ©2022 REIN. REIN's listings Data and information is protected under federal copyright laws.Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis




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