1400 Melrose Parkway, Norfolk, VA 23508
INVESTMENT OPPORTUNITY NEAR ODU WITH TENANTS IN PLACE! Add a Norfolk rental property to your portfolio with immediate income from day one. This 4-bedroom, 2-bath bungalow is currently leased through June 2027 at $2,500 per month, eliminating the need to immediately locate and place tenants. Located just a few minutes walk from Old Dominion University and a few minutes drive to Naval Station Norfolk, area shipyards, downtown Norfolk and major interstates, the property is well positioned in an area with multiple sources of rental demand. The home offers approximately 1,480 square feet and features a renovated kitchen, hardwood floors, spacious living areas, an upstairs bath, fenced yard, detached storage and ample off-street parking. Whether you're expanding an existing portfolio or purchasing your first investment property, this is an opportunity to acquire an income-producing property with tenants already in place.
Property Features
- Appliances
- 220 V Elec
- Dishwasher
- Disposal
- Dryer
- Microwave
- Gas Range
- Refrigerator
- Washer
- Interior Features
- Fireplace Decorative
- Flooring
- Ceramic
- Wood
- Cooling
- Central Air
- Window/Wall
- Heating
- Forced Hot Air
- Nat Gas
- Rooms
- 1st Floor BR
- Porch
- Utility Room
- Exterior Features
- Aluminum
- Brick
- Roof
- Asphalt Shingle
- Parking
- 3 Space
- Off Street
- Driveway Spc
- Street
School Information
- School District
- Norfolk Public Schools
- Elementary School
-
Larchmont Elementary
1145 Bolling Ave
Norfolk, VA 23508
0.44 mi away
- Middle School
-
Blair Middle
730 Spotswood Ave
Norfolk, VA 23517
1.53 mi away
- High School
-
Matthew Fontaine Maury High
322 Shirley Ave
Norfolk, VA 23517
1.92 mi away
Listing Courtesy of Own Real Estate LLC
