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Under Contract
1305 Chesapeake AVE Chesapeake, VA 23324
1,996 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,996 sqft
Price per Sqft $133
Subdivision South Norfolk
MLS Listing ID 10603498
Style Other
HOA Y/N No
Year Built 1905
Annual Tax Amount $1,833
Property Sub-Type Duplex
Property Description
Welcome to 1305 Chesapeake Avenue, a classic duplex located in Historic South Norfolk, offering both charm and investment opportunity. Unit 1 (downstairs) is approximately 1,050 sq. ft. and currently leased at $1,650/month through 4/30/26. Unit 2 (upstairs) is approximately 946 sq. ft. and is owner-occupied, providing flexibility for the next buyer to either reside on-site or lease both units for strong rental cash flow. This property's high ceilings and historic character add to its appeal. Utilities are structured with the owner covering water, sewage, and trash electric is separately metered, and tenants pay for gas and electric. The duplex is being sold ;as-is and offers multiple options: live in one unit while the other helps pay the mortgage, or add a steady income-producing property to your rental portfolio. Conveniently located near shopping, dining, and major routes, this is a great opportunity to secure a solid investment in a sought-after area.
Location
State VA
County Chesapeake
Area 31 - Central Chesapeake
Zoning RSFA1
Interior
Hot Water Electric
Exterior
Fence Partial
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle,Metal
Building
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Rena B. Wright Primary
Middle Schools Oscar Smith Middle
High Schools Oscar Smith
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement, None
Special Listing Condition Disclosure Statement, None
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Listed by KW United