2707 Pretty Lake AVE, Norfolk, VA 23518

• 1,300 sqft

Property Description

Strategically positioned near the Chesapeake Bay, this side-by-side duplex presents a compelling acquisition for investors seeking both stability and upside. Built on a slab foundation and featuring a roof approximately 12 years old, the property offers a solid structural baseline for long-term portfolio growth. Both front units include desirable features—such as in-unit washer and dryer, tiled kitchens, and wood-laminate flooring—supporting strong demand and minimal turnover. At the rear of the property sits a 300 sq. ft. structure ideal for conversion into an ADU, creating an immediate value-add pathway and a significant boost to overall asset performance once completed. The property’s large lot, partial waterfront views, and proximity to key amenities position it well for future appreciation and expanded development options. Investors will appreciate the versatility, scalability, and multiple income-stream configurations this asset can support.

Listing Status:

Pending

Listing Office:

Southerland Real Estate Inc. : 757-288-8680

Listing Agent:

Steven Southerland :

MLS ID:

10610435

Exterior

• General: MasonryVinyl
• Style: Side by Side

Construction

• Roofing: Asphalt Shingle
• General: Slab

Location

• County: Norfolk VA

Lot

• Zoning: R-8
• Fencing: Back FencedWood Fence

Utilities

• Water: City/County
• Sewer: City/County

This listing courtesy of Steven Southerland, Southerland Real Estate Inc.