200 Pullman AVE, Portsmouth, VA 23707
200 Pullman AVE, Portsmouth, VA 23707
200 Pullman AVE, Portsmouth, VA 23707
200 Pullman AVE, Portsmouth, VA 23707
200 Pullman AVE, Portsmouth, VA 23707
200 Pullman AVE, Portsmouth, VA 23707
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Rachel Lewis

Rachel Lewis

+1(757) 714-6810
$ 904,700
Est. payment | /mo
Save
$ 904,700
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Westhaven

MLS Listing ID 10630942

HOA Y/N No

Year Built 1964

Annual Tax Amount $4,753

Property Description

Smart investors, take note! Opportunity is calling from the heart of Westhaven in Central Portsmouth—a proven multifamily corridor celebrated for steady tenancy and powerful portfolio growth. This 4,800-square-foot, 8-unit brick-block building showcases solid construction, thoughtful management, and key capital improvements with a new roof and windows in 2022. Six units are currently leased, generating strong income with a projected market rent surpassing $9,300 monthly. A RUBS utility system minimizes owner expenses and maximizes cash flow, while proximity to Olde Towne Portsmouth, Rivers Casino, Norfolk Naval Shipyard, and I-264 ensures perpetual renter demand. Surrounded by shopping, dining, and dynamic city redevelopment, this property positions itself for long-term appreciation and stable returns. Photos Virtually Staged. Hurry to schedule a private viewing now before someone else buys YOUR INVESTMENT!

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning URH

Interior

Hot Water Electric

Heating Basebd

Cooling Window/Wall

Flooring Carpet, Laminate/LVP, Vinyl

Exterior

Parking Features Lot, Off Street, Street

Utilities Available City Sewer, City Water, Electric

Roof Type Other

Building

Story 2.0000

Foundation Slab

Schools

Elementary Schools Westhaven Elementary

Middle Schools Cradock Middle

High Schools Manor High

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Real Estate Information Network (REIN)
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Listed by Atlantic Sothebys Int'l Realty

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200 Pullman AVE