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    48-54 Radford St

    Portsmouth, VA 23701
    • $250,000
    • STATUS: Active
    • ON SITE: 6 days
    • ID#: 10362355
    New On Site 6 Days Ago
    UPDATED: 145 min ago
    $250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This one is a CASH COW! 48 Radford is vacant, just rehab & is rent ready (on LB). Current rent for 3 apts is $1930/month & security deposits $1930. 4 Apts: #48 2br/1bth recently vacant & was @ $625/mo, #50 2br/1bth @ $625/mo (since 8/13), #52 3br/1bth @ $725/mo (since 4/15), #54 1br/1bth @ $580/mo (since 1/19). TENANTS PAY ALL UTILITIES! Rents on low side based on current market data. Large back yard. Property is great shape - list of improvements available. Long term tenants. Leases assigned, keys, security deposits, prorate rents @ closing. 50 has paid thru 8/1/21. All rent paid during Covid. Tenant owned A/C units. Each apt has stove & refrigerator. Seller is installing new gas heater in #48 & new roof on building. Seller desires quick closing. Seller requires Buyer & Agent to wear face masks when at property. Do not disturb the tenants!

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    www.communitypartnergroup.com/homes/114361867
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    48-54 Radford St Portsmouth, VA 23701

    • Price: $250,000
    • Status: Active
    • Updated: 145 min ago
    • ID#: 10362355
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1956
    Built
    Neighborhood:
    Douglas Park - 122
    Area:
    21 - Central Portsmouth
    Elementary School:
    Douglass Park Elementary
    Middle School:
    Cradock Middle
    High School:
    IC Norcom
    Property Description
    This one is a CASH COW! 48 Radford is vacant, just rehab & is rent ready (on LB). Current rent for 3 apts is $1930/month & security deposits $1930. 4 Apts: #48 2br/1bth recently vacant & was @ $625/mo, #50 2br/1bth @ $625/mo (since 8/13), #52 3br/1bth @ $725/mo (since 4/15), #54 1br/1bth @ $580/mo (since 1/19). TENANTS PAY ALL UTILITIES! Rents on low side based on current market data. Large back yard. Property is great shape - list of improvements available. Long term tenants. Leases assigned, keys, security deposits, prorate rents @ closing. 50 has paid thru 8/1/21. All rent paid during Covid. Tenant owned A/C units. Each apt has stove & refrigerator. Seller is installing new gas heater in #48 & new roof on building. Seller desires quick closing. Seller requires Buyer & Agent to wear face masks when at property. Do not disturb the tenants!
    Exterior Features

    Construction Frame Exterior Siding AluminumWood Foundation Type Slab Garage YN No Lot Depth 136' Lot Dimensions 89'X136'X91'X136' Lot Front 89' Parking Off StreetDriveway SpcStreet Roof Asphalt Shingle

    Interior Features

    Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring Type CarpetCeramicVinyl Furnished YN No Heating Nat GasSpace Ranges 4 Refrigerators 4 Washers 0 Water Heater Type Electric

    Property Features

    Apartment Type Garden Complex Name Radford StreetLlc Contingency Exists Non Contingent Disclosure Disclosure StatementRelated To Seller Energy Efficiency Storm Doors Neighborhood Name Douglas Park Ownership Type Simple Possession Closing Tax Amount Approx 2025 Utilities City SewerCity WaterElectricGas Zoning Urh

    Listing provided courtesy of James & Lee Realty
    © 2021 REIN, Inc. Information Deemed Reliable But Not Guaranteed.
     
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