$900,000
$1,150,000
21.7%For more information regarding the value of a property, please contact us for a free consultation.
2,860 SqFt
SOLD DATE : 06/18/2024
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $314
Subdivision Beach Borough
MLS Listing ID 10512592
Sold Date 06/18/24
Style Other
HOA Y/N No
Year Built 1937
Annual Tax Amount $9,000
Property Description
Incredible investment opportunity in a premier growth region at the Oceanfront! In the heart of Virginia Beach's ViBe District, eight blocks to the ocean and near the new Wave Park site. **1312 Cypress Ave is now being sold separately** Experience the magic of this impeccably curated, one of a kind designer haven that includes 4 pink bungalows w/ 3 rental units on the lot. Blending luxury design w/ southern charm, this property gifts both owners and renters an unmatched and inspired experience. 1312 Cypress Ave has 3 yearly rental units and is priced based on 2023 appraisal, also has the potential as an event space. Expertly marketed in both print and televised media, this turnkey rental sanctuary earns a good return while land appreciates and has established followers. Seeing is believing when walking through these exceptionally designed bungalows!
Location
State VA
County Virginia Beach
Area 43 - Northeast Virginia Beach
Zoning R5D
Interior
Hot Water Gas
Exterior
Fence Full
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Lot Description Corner, Patio
Foundation Crawl, Sealed/Encapsulated Crawl Space
Sewer City/County
Water City/County
Schools
Elementary Schools W.T. Cooke Elementary
Middle Schools Virginia Beach Middle
High Schools First Colonial
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with BHHS RW Towne Realty