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Listing Courtesy of Fit Realty
Active
$636,000
116 Franklin Street
Suffolk, VA 23434
MLS
10577982

0
Bedrooms
0
Bathrooms
0
Size sqft
0
Lot sqft

• Built in 1882 • 40 days on site

Own a piece of history! The Causey-Kendrick House is a 5-unit apartment building and Carriage House (detached garage, sold AS-IS). Carriage House offers future opportunities for storage rental or additional units. There is a shared on-site laundry room with potential for additional income with coin operated washer & dryer. Ample street parking and close to public parking lots. Driveway access currently rented with one unit. Currently 100% occupied with leases through 2026. Owner pays water bill, refuse, and storm water. Some tenants pay electric with some have it included. Whole building renovated in the past 5 years to include new paint, flooring, granite countertops, appliances, central air in largest unit, all windows, and more! This is a turnkey opportunity with over 60k in NOI with room for additional income. APPROX 4440 square feet in FIVE units. 4-1BD/1BA units and 1- 3BD/1BA unit with approx. 1600 sq. ft. of living space.

MLS#10577982

Presented By

Leslie Martin

Real Estate Agent

Leslie Martin

(757) 520-9699
MLS
10577982

Listing Courtesy of Fit Realty

Additional Home Features

Additional Home Features

  • Utilities:
    City Sewer, City Water, Electric
  • Hot Water:
    Electric

Home Category

  • Not Fixer Upper

Property Description

Property Type

  • Active

Stories

  • Stories
    2

Heating & Cooling

  • Cooling:
    Central Air, Window/Wall

Interior Features

Interior Features

  • Central A/C
  • Other Heating options:
    Basebd, Electric, Heat Pump, Heat Pump W/A
  • Flooring:
    Ceramic, Carpet, Vinyl
  • Extra Features:
    Laundry Room, Security, Window Treatments

Exterior Features

Exterior Features

  • Exterior Material:
    Stucco, Vinyl
  • Roof:
    Asphalt Shingle, Slate
  • Other Parking Options:
    Driveway Spc, Street
  • Foundation Materials:
    Crawl
  • Construction:
    Concrete, Frame

Schools

Schools

  • King`s Fork Middle
    Type: Middle School
  • Kings Fork
    Type: High School
  • Hillpoint Elementary
    Type: Elementary School

Payment Estimate

Total Cost of Mortgage:$0
Total Estimated Costper Month:$0

Home Price

Max
$636,000

Down Payment

Max
$127,200

Interest Rate & Term

Interest (%)

Term

The accuracy and applicability of this calculator are not guaranteed.
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Listing Courtesy of Fit Realty

Presented By
Leslie Martin

Real Estate Agent

Leslie Martin

(757) 520-9699

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