Virginia Beach, VA 23451,1312 Cypress AVE
Virginia Beach, VA 23451,1312 Cypress AVE
Virginia Beach, VA 23451,1312 Cypress AVE
Virginia Beach, VA 23451,1312 Cypress AVE
Virginia Beach, VA 23451,1312 Cypress AVE
Virginia Beach, VA 23451,1312 Cypress AVE
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$900,000

$1,150,000

21.7%
Est.Price: ?

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Est. payment /mo

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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Real Estate Information Network (REIN)
Listed by Howard Hanna Real Estate Services
Bought with BHHS RW Towne Realty
EXIT Realty Central

Office | License ID: 0226020528

+1(757) 466-1009 | soldhamptonroads@gmail.com

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