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5944 Margate Ave

Virginia Beach, VA 23462
  • $215,000
  • STATUS: Active Under Contract
  • ON SITE: 41 Days
  • ID#: 10621287
Under Contract
UPDATED: 23 min ago
$215,000
  • 3
    BEDS
  • 0.05
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,260
    SQFT
  • $171
    $/SQFT
Neighborhood:
Lake Edward West
Type:
Townhouse
Built:
1977
Area:
41 - Northwest Virginia Beach

School Information

Elementary School:
Williams Elementary
Middle School:
Bayside Middle
High School:
Bayside
School Ratings & Info

Description

Well-maintained townhome in the heart of Virginia Beach offering flexibility for owner-occupants or investors. 2025 updates include new HVAC, fresh interior paint, LVP flooring first floor only, updated lower cabinetry, lighting, and ceiling fans. Currently tenant-occupied at $1,700/month with lease transitioning to month-to-month May 1, providing immediate income or future occupancy options. Centrally located with convenient access to interstates, shopping, dining, and entertainment. Excellent military accessibility, approximately 20/25 minutes to NAS Oceana and 15/20 minutes to JEB Little Creek - Fort Story. Seller is open to carpet concessions with the acceptable offer. A solid opportunity in an established area with strong rental demand an dcommuter appeal. Price reflects condition and needed repairs

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5944 Margate Ave Virginia Beach, VA 23462

  • Price: $215,000
  • Status: Active Under Contract
  • On Site: 41 Days
  • Updated: 23 min ago
  • ID#: 10621287
3
Beds
1
Baths
1
½ Baths
0.05
Acres
1,260
SQFT
$171
$/SQFT
1977
Built
Neighborhood:
Lake Edward West
Area:
41 - Northwest Virginia Beach
Elementary School:
Williams Elementary
Middle School:
Bayside Middle
High School:
Bayside
Property Description
Well-maintained townhome in the heart of Virginia Beach offering flexibility for owner-occupants or investors. 2025 updates include new HVAC, fresh interior paint, LVP flooring first floor only, updated lower cabinetry, lighting, and ceiling fans. Currently tenant-occupied at $1,700/month with lease transitioning to month-to-month May 1, providing immediate income or future occupancy options. Centrally located with convenient access to interstates, shopping, dining, and entertainment. Excellent military accessibility, approximately 20/25 minutes to NAS Oceana and 15/20 minutes to JEB Little Creek - Fort Story. Seller is open to carpet concessions with the acceptable offer. A solid opportunity in an established area with strong rental demand an dcommuter appeal. Price reflects condition and needed repairs
Exterior Features

Exterior Siding BrickVinyl Fence Description Back Fenced Fence YN Yes Foundation Type Slab Garage YN No Parking 2 SpaceDriveway SpcStreet Pool No Pool Roof Asphalt Shingle Style Townhouse Waterfront Description Not Waterfront Waterfront YN No

Interior Features

Appliances DishwasherDisposalDryer HookupMicrowaveElec RangeRefrigeratorWasher Hookup Cooling Central Air Fireplaces Number 0 First Flr Bed Full Bath YN No Flooring Type CarpetLaminate/LVP Heating Heat Pump Rooms Utility Room Rooms Number 6 Water Heater Type Electric

Property Features

Contingency Exists Non Contingent Disclosure Disclosure Statement Fees Condo 0 Fees POAMonthly 0 Hoa YN No HOAAssoc Legal Name NONE Master Model YN No Neighborhood Name LAKE EDWARD New Construction YN No Ownership Type Simple Possession SETTLE Sewer Type City/County Tax Amount Approx 1669 Water Type City/County Zoning A18

Real Estate Information Network logoListing provided courtesy of BHHS RW Towne Realty: 757-436-3636
© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


Real Estate Information Network logo© 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. © 2026 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. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2026-04-10T08:35:49.667.
 
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Atlantic Sotheby's International Realty
4416 Expressway Drive
Virginia Beach VA, 23452