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Renovation Opportunity in Norfolk!

823 Washington Ave. Norfolk, VA 23504

Available for $159,000

Beds: 3
Baths: 1
Sqft: 2,459

Year Built: 1914

Taxes: 2,551/2025

0.06 Acre Lot​

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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***​​

 

This property presents a strong value-add opportunity. The home features a new roof with existing ducting already in place, providing a solid starting point for a complete rehab. Many homes along the street and surrounding blocks have already been renovated, supporting resale and rental upside. Conveniently located near Route 36, Route 10, and I-295, the property offers easy access to Fort Gregg-Adams, Downtown Hopewell, and the Tri-Cities area. 
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ARV: $325K​​​

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Comp:

1. 3 Bed, 3 Bath, 2,409 Sqft - 2818 Tidewater Dr. Norfolk, VA 23509

​Sold for $360,000 on 01/13/25

2. 4 Bed, 3 Bath, 1,820 Sqft - 954 Marshall Ave. Norfolk, VA 23509

Sold for $320,900 on 04/09/2025

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Property Highlights:​

  • Convenient Location

  • ​Covered Front Porch

  • ​Off Street Parking 

  • Public Water & Sewer

  • Total Renovation Required

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PID: 48417650

Legal Description: 30FT

These deals are brought to you off market and are ONLY available to  CASH & HARD/PRIVATE MONEY LOANS that can CLOSE QUICKLY

*Assignment of Contract* All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents please add your commission to the sales price paid by the buyer.

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