Condo For Sale near Elizabeth River

PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY
Steps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026.
$250,000 - Turnkey Investment
o Brand new floors, paint, and finishes throughout
o HVAC maintained on service plan
o 1 parking space included
o No vacancy risk - tenant in place until Fall 2026
Premium downtown location ensures strong rental demand in Norfolk's entertainment district. Current tenant paying market rate with lease already secured. Zero additional investment needed - property is move-in ready and generating income from closing.
Motivated seller, smooth transaction. Perfect opportunity to add stable income to your portfolio in one of Norfolk's most desirable rental locations.

Property Details

  • Beds: 1
  • Baths: 2.0
  • Sq Feet: 1132
  • Year Built: 1920
  • Location: Elizabeth River
  • Acres: 0.011
  • Community: DOWNTOWN AREA
  • Heat/AC: Forced Air, Heat Pump (Heating)
  • Siding: Brick
  • Roof:
  • Stories: 1
  • Property Taxes: $2,473
  • MLS #: 10600972
  • Unit Number: 300C

Location

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Contact Information:

Contact Agent
Listing Agent: Eugene Shull, KW Metro Center, 804-858-9000, 805-858-9000 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Condo For Sale in Norfolk, Virginia
Ad Number : 7132602
Viewed: 1 times
Added: Dec 31, 2025
Updated on: Dec 31, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.