VA > Newport News > Park View - 046
Newport News, VA 23605,600 74th ST #12
Newport News, VA 23605,600 74th ST #12
Newport News, VA 23605,600 74th ST #12
Newport News, VA 23605,600 74th ST #12
Newport News, VA 23605,600 74th ST #12
Newport News, VA 23605,600 74th ST #12
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Tony McGee

Tony McGee

+1(757) 329-3036
$ 1,600,000
Est. payment | /mo
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$ 1,600,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Park View - 046

MLS Listing ID 10596064

HOA Y/N No

Year Built 1966

Annual Tax Amount $8,732

Property Description

This updated 12-unit multifamily property offers a rare combination of immediate income, extensive recent upgrades, and long-term value. With a strong rental history and five stable Section 8 tenants, investors can enjoy consistent returns from day one. 1031 Exchange Key Highlights & Upgrades: 10 units featuring brand new kitchens and bathrooms All 12 units are equipped with brand new HVAC systems (2025) 5 units with new water heaters 6 units with new carpet for a modern, refreshed feel Freshly painted and enhanced stairs and walkways (2024) Major building systems updated, including main pipeline replacement (2022) Parking lot resurfaced and fencing installed (2022), improving overall safety and aesthetics On-site security system for added peace of mind

Location

State VA

County Newport News

Area 106 - Newport News South

Zoning C2

Interior

Hot Water Gas

Heating Forced Hot Air

Cooling Central Air

Flooring Carpet, Laminate/LVP

Exterior

Parking Features Assigned/Reserved, Lot

Utilities Available City Sewer, City Water, Electric, Gas, Gas Avail, Meter

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Slab

Schools

Elementary Schools Carver Elementary

Middle Schools Crittenden Middle

High Schools Heritage

Others

Senior Community No

Ownership Simple

Disclosures Owner Agent

Special Listing Condition Owner Agent

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Listed by Real Property Management Peninsula
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600 74th ST #12