Apartments 3+ - Portsmouth, VA
Description
This one is a CASH COW! 48 Radford is vacant, just rehab & is rent ready (on LB). Current rent for 3 apts is $1930/month & security deposits $1930. 4 Apts: #48 2br/1bth recently vacant & was @ $625/mo, #50 2br/1bth @ $625/mo (since 8/13), #52 3br/1bth @ $725/mo (since 4/15), #54 1br/1bth @ $580/mo (since 1/19). TENANTS PAY ALL UTILITIES! Rents on low side based on current market data. Large back yard. Property is great shape - list of improvements available. Long term tenants. Leases assigned, keys, security deposits, prorate rents @ closing. 50 has paid thru 8/1/21. All rent paid during Covid. Tenant owned A/C units. Each apt has stove & refrigerator. Seller is installing new gas heater in #48 & new roof on building. Seller desires quick closing. Seller requires Buyer & Agent to wear face masks when at property. Do not disturb the tenants!
Basic info
- Property Type Apartment
- Year Built 1956
- Rooms
- Architecture Style Other
- Building Unit Count 4
- Num Floors 1.0
- Provider James & Lee Realty
- Subdivision DOUGLAS PARK - 122
- Neighbourhoods DOUGLAS PARK
- Address 48-54 Radford Street, Portsmouth, VA 23701
Interior features
- Roof Types Asphalt
- Floor Coverings CarpetTile - CeramicVinyl
Exterior features
- Exterior Types Aluminum SidingWood
Nearby Schools
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