410 Pendleton St. Quadruplex

Located in the rapidly growing Berkley neighborhood of Norfolk, this quadruplex at 410 Pendleton Street offers a prime investment opportunity.​ Must be sold together with quadruplex 420 Pendleton Street (REIN MLS: 10569146) for a total package price of $1,050,000.​ Each unit is approximately 892 sq ft and individually metered.​ Near Norfolk's shipyards, downtown Norfolk, and in Maury High, Blair Middle, and St.​ Helena Elementary School District, this property is positioned for strong rental demand.​ Take advantage of the upward-trending Norfolk community and seize the opportunity to grow your rental income portfolio.​ INTERIOR PHOTOS ARE OF UNITS B & D IN 420 PENDLETON ST.​

Units are individually metered.​ All units in 410 Pendleton St.​ are currently leased and are Section 8.​ 420 Pendleton St.​ has three leased units, two of which are Section 8 and one vacant unit.​ Section 8 rents can be increased at any time (no more than 10%).​ Seller currently pays HRUBS & storm water (approximately $26/month) & pest control services ($35/month).​ Lawn care $100/month.​ Seller is a licensed agent in the state of VA.​

Financial statements and rent rolls available upon request.​