435 Monticello Ave Unit 300C, Norfolk, VA 23510

• 1 bed |
• 1 bath |
• 1,132 sqft

Property Description

PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Conveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month agreement, providing an excellent opportunity for rental income from day one with future lease flexibility. The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space. Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk’s entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close. The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!

Listing Status:

Active

Data Last Updated:

July 22, 2026 at 12:42PM

Listing Office:

KW Metro Center : 805-858-9000

Listing Agent:

Eugene Shull :

MLS ID:

10644320

Interior

• Appliances: DishwasherDisposalDryerDryer HookupMicrowaveElec RangeRefrigeratorWasherWasher Hookup
• Flooring: CeramicConcrete
• A/C: Central Air
• Heating: Electric
• Fireplace: Fireplaces: 0

Exterior

• General: Brick
• Style: Mid Rise
• Pool: No Pool
• Parking: Off Street

Construction

• Roofing: Poly Skin
• General: 1Slab

Location

• HOA Amenities: 0.0
• County: Norfolk VA

Lot

• Zoning: D-3
• Fencing: None

Utilities

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