200 Pullman Avenue, Central Portsmouth, VA 23707
- $904,700
- List Price
- $904,700
- Status
- UNDER CONTRACT
- MLS#
- 10630942
- Year Built
- 1964
- County
- Portsmouth VA
- City
- Central Portsmouth
- Subdivision
- Westhaven
Property Description
Smart investors, take note! Opportunity is calling from the heart of Westhaven in Central Portsmouth—a proven multifamily corridor celebrated for steady tenancy and powerful portfolio growth. This 4,800-square-foot, 8-unit brick-block building showcases solid construction, thoughtful management, and key capital improvements with a new roof and windows in 2022. Six units are currently leased, generating strong income with a projected market rent surpassing $9,300 monthly. A RUBS utility system minimizes owner expenses and maximizes cash flow, while proximity to Olde Towne Portsmouth, Rivers Casino, Norfolk Naval Shipyard, and I-264 ensures perpetual renter demand. Surrounded by shopping, dining, and dynamic city redevelopment, this property positions itself for long-term appreciation and stable returns. Photos Virtually Staged. Hurry to schedule a private viewing now before someone else buys YOUR INVESTMENT!
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Additional Information
- Heating
- Basebd
- Cooling
- Window/Wall
- Roof
- Other
- Floors
- Carpet, Laminate/LVP, Vinyl
- Exterior
- Brick
- Parking Description
- Lot, Off Street, Street
- Elementary School
- Westhaven Elementary
- Middle School
- Cradock Middle
- High School
- Manor High
- Contingency Exists
- Non Contingent
- Days on Market
- 35
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Listing courtesy of Atlantic Sothebys Int'l Realty.
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