1221 Poquoson AVE, Poquoson, VA 23662
1221 Poquoson AVE, Poquoson, VA 23662
1221 Poquoson AVE, Poquoson, VA 23662
1221 Poquoson AVE, Poquoson, VA 23662
1221 Poquoson AVE, Poquoson, VA 23662
1221 Poquoson AVE, Poquoson, VA 23662
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Rachel Lewis

Rachel Lewis

+1(757) 714-6810
$ 1,995,000
Est. payment | /mo

5,290 SqFt

Save
$ 1,995,000
Est. payment | /mo
Save

5,290 SqFt

Key Details

Property Type Commercial

Sub Type Purchase

Listing Status Active

Purchase Type For Sale

Square Footage 5,290 sqft

Price per Sqft $377

Subdivision All Others Area 111

MLS Listing ID 10613932

HOA Y/N No

Year Built 1949

Annual Tax Amount $6,671

Lot Size 2.080 Acres

Property Sub-Type Purchase

Property Description

Rare opportunity to acquire a 13-unit income-producing property situated on 2.08 acres in the heart of Poquoson. The asset includes an 8-unit apartment complex, two duplex buildings (4 units), and one single-family cottage, offering a diversified unit mix and multiple income streams within a single acquisition. Offered at $1,995,000, this property provides scale, land, and long-term upside in a market with limited multifamily supply. The expansive parcel supports value-add potential through operational improvements, rent optimization, or future redevelopment strategies. Public water, sewer, and utilities are available. Strategically located along Poquoson Avenue with convenient access to major routes, employment centers, and daily amenities. Great for investors seeking a stable asset with land, unit density, and strong fundamentals in a resilient Hampton Roads submarket. Financials and additional details available upon request. Private tours by appointment only.

Location

State VA

County Poquoson

Area 111 - Poquoson

Zoning R2

Interior

Heating Electric, Forced Hot Air, Heat Pump

Cooling Central Air, Heat Pump

Flooring Laminate/LVP

Exterior

Parking Features 1-25 Spcs, Unpaved

Utilities Available City Sewer, City Water, Electric

Roof Type Asphalt Shingle,Other

Building

Foundation Crawl, Slab

Others

Senior Community No

Ownership Simple

Disclosures None

Special Listing Condition None

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Listed by EXP Realty LLC

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1221 Poquoson AVE