Brick Colonial in Larchmont/Norfolk, VA for Sale $339,500

1411 Bolling Ave, Norfolk, VA 23508

$365,000 After Repair Value -
$339,500 Asking Price -
$0 Cost of Repairs =
$25,500 Potential Profit

Property Details

Asking Price $339,500

After Repair Value $365,000

Costs of Repairs $0

Potential Profit $25,500

Living Area 1961 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $2,300

Yearly Expenses $1,700

Property Taxes $3,600

Net Operating Income $22,324

Cap Rate N/A

Property Description

Luxurious colonial home in the water-front community of Larchmont. Home is recently renovated with hardwood floors throughout. Large, bright kitchen with granite countertops, extensive cabinets, and breakfast nook. The family room includes a fireplace and is attached to the fully enclosed, wood-paneled sunroom. Sunroom door opens onto the deck, perfect for entertaining. Tile bathrooms include new fixtures and stainless steel faucets. Bedrooms equipped with plenty of closet space. Master includes two closets, one with beautiful, wood-paneled doors and shelving. Huge attic and utility room make for tons of storage. Detached, over-sized, one car garage--great for work area. Landscaping is impeccable with flowers, shrubs, and garden fencing. Blocks from top Norfolk elementary school, Starbucks, ODU, and also near Norfolk Naval Base and cultural activities. Easy access to I-64. In flood zone shaded X--FEMA doesn\'t require flood insurance. Everything in home conveys.

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