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531 Edwards St

Portsmouth, VA 23704
  • $89,900
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 10528791
UPDATED: 140 min ago
$89,900
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots

School Information

Elementary School:
Middle School:
High School:

Description

Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Perfect location nearby Downtown Portsmouth, I-264, the Downtown Tunnel close of Norfolk Naval Shipyard. Property is about 75 x 120 or 9,000 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are not other similar properties for sale for the multifamily builder/investor.

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www.atlanticsir.com/homes/149731891
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531 Edwards St Portsmouth, VA 23704

  • Price: $89,900
  • Status: Active
  • On Site: 32 Days
  • Updated: 140 min ago
  • ID#: 10528791
0
Beds
0
Baths
0
½ Baths
0.21
Acres
Neighborhood:
Southside
Area:
21 - Central Portsmouth
Elementary School:
Brighton Elementary
Middle School:
Churchland Middle
High School:
Manor High
Property Description
Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Perfect location nearby Downtown Portsmouth, I-264, the Downtown Tunnel close of Norfolk Naval Shipyard. Property is about 75 x 120 or 9,000 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are not other similar properties for sale for the multifamily builder/investor.
Exterior Features

Buildings None Fence Description None Fence YN No Improvements CurbsDrainage GuttersSidewalks Land Description In SubdivisionInterior Lot Depth 120 Lot Front 75 Lot Size Table Less Than 1/4 Acre Perc Test Table None Road Frontage City / County Road Surface Paved Tree Description Partial Waterfront Description Not Waterfront Waterfront YN No

Property Features

Commission Amt Sell Bkr 3 Contingency Exists Non Contingent Disclosure Disclosure StatementOwner Agent Owner Finance YN No Ownership Type Simple Possession SETTLE Tax Amount Approx 748 Use Possible Multi FamilyResidential Utilities City SewerCity WaterElectricGas Zoning UR-M

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