Norfolk, VA 23518,2707 Pretty Lake AVE
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Norfolk, VA 23518,2707 Pretty Lake AVE
Norfolk, VA 23518,2707 Pretty Lake AVE
Norfolk, VA 23518,2707 Pretty Lake AVE
Norfolk, VA 23518,2707 Pretty Lake AVE
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$ 280,000
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Under Contract

2707 Pretty Lake AVE Norfolk, VA 23518

1,300 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $215

Subdivision Ocean View East

MLS Listing ID 10610435

Style Side by Side

HOA Y/N No

Year Built 1950

Annual Tax Amount $3,091

Property Sub-Type Duplex

Property Description

Strategically positioned near the Chesapeake Bay, this side-by-side duplex presents a compelling acquisition for investors seeking both stability and upside. Built on a slab foundation and featuring a roof approximately 12 years old, the property offers a solid structural baseline for long-term portfolio growth. Both front units include desirable features—such as in-unit washer and dryer, tiled kitchens, and wood-laminate flooring—supporting strong demand and minimal turnover. At the rear of the property sits a 300 sq. ft. structure ideal for conversion into an ADU, creating an immediate value-add pathway and a significant boost to overall asset performance once completed. The property's large lot, partial waterfront views, and proximity to key amenities position it well for future appreciation and expanded development options. Investors will appreciate the versatility, scalability, and multiple income-stream configurations this asset can support.

Location

State VA

County Norfolk

Area 13 - North Norfolk

Zoning R-8

Interior

Hot Water Electric

Exterior

Fence Back Fenced, Wood Fence

Waterfront Description Canal,Tidal

Roof Type Asphalt Shingle

Building

Lot Description Patio

Foundation Slab

Sewer City/County

Water City/County

Schools

Elementary Schools Norview Elementary

Middle Schools Azalea Gardens Middle

High Schools Norview

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, Pet on Premises

Special Listing Condition Disclosure Statement, Pet on Premises


Real Estate Information Network (REIN)
Listed by Southerland Real Estate Inc.
Montario Corprew

Montario Corprew

Principal Broker, REALTOR® | License ID: 0225210186

+1(757) 771-6343

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2707 Pretty Lake AVE