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$ 145,000
Est. payment /mo
Active
1625 Elm AVE Portsmouth, VA 23704
3,312 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $43
Subdivision Prentis Park
MLS Listing ID 10628466
HOA Y/N No
Year Built 1931
Annual Tax Amount $101,990
Lot Size 5,227 Sqft
Property Sub-Type Purchase
Property Description
1625 Elm Ave – Unique Mixed-Use Investment Opportunity in Portsmouth, VAThis versatile property offers the perfect blend of residential and commercial use. The ground floor retail/church space provides immediate income potential or a prime opportunity for community use, retail, or conversion.Upstairs, you'll find a spacious 5-bedroom, 2-bath residential unit with strong rental potential. According to the City, there's also the ability to add 2 additional units upstairs, making this property a rare multi-income producing investment.Highlights: • Retail/Church space on the bottom floor • 5 bedrooms, 2 baths upstairs • City approval for up to 2 additional units • Prime Portsmouth location with strong community presence • Ideal for investors, mixed-use developers, or owner-occupantsThis property offers endless potential—whether you're looking to expand your rental portfolio, start a business, or create a live-work setup.
Location
State VA
County Portsmouth
Area 21 - Central Portsmouth
Zoning URH
Interior
Heating None
Cooling Central Air, Heat Pump
Exterior
Parking Features Street
Utilities Available City Sewer, City Water, Electric
Roof Type Asphalt Shingle,Other
Building
Story 2.0000
Foundation Slab
Others
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
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Listed by Maxwell Realty LLC
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