435 Monticello Avenue, Norfolk, VA 23510
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Conveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month agreement, providing an excellent opportunity for rental income from day one with future lease flexibility. The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space. Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk’s entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close. The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!
Property Features
- Appliances
- Dishwasher
- Disposal
- Dryer
- Dryer Hookup
- Microwave
- Elec Range
- Refrigerator
- Washer
- Washer Hookup
- Interior Features
- Walk-In Closet
- Flooring
- Ceramic
- Concrete
- Cooling
- Central Air
- Heating
- Electric
- Exterior Features
- Brick
- Roof
- Poly Skin
- View
- City
- Parking
- Off Street
School Information
- School District
- Norfolk Public Schools
- Elementary School
-
Walter Herron Taylor Elementary
1122 W. Princess Anne Road
Norfolk, VA 23507
1.46 mi away
- Middle School
-
Blair Middle
730 Spotswood Ave
Norfolk, VA 23517
1.22 mi away
- High School
-
Matthew Fontaine Maury High
322 Shirley Ave
Norfolk, VA 23517
0.91 mi away
Listing Courtesy of KW Metro Center
