$924,000

200 Pullman AVE, Portsmouth, VA 23707

Multi-Family Home
Built in 1964
—— sqft lot
—— car garage
$——/sqft
Listed 21 days ago

Property Description

Smart investors, take note! Opportunity is calling from the heart of Westhaven in Central Portsmouth—a proven multifamily corridor celebrated for steady tenancy and powerful portfolio growth. This 4,800-square-foot, 8-unit brick-block building showcases solid construction, thoughtful management, and key capital improvements with a new roof and windows in 2022. Six units are currently leased, generating strong income with a projected market rent surpassing $9,300 monthly. A RUBS utility system minimizes owner expenses and maximizes cash flow, while proximity to Olde Towne Portsmouth, Rivers Casino, Norfolk Naval Shipyard, and I-264 ensures perpetual renter demand. Surrounded by shopping, dining, and dynamic city redevelopment, this property positions itself for long-term appreciation and stable returns. Hurry to schedule a private viewing now before someone else buys YOUR INVESTMENT!

Listing Status:: Active
Listing Office:: Atlantic Sotheby's International Realty : 757-777-9870
Listing Agent:: Lea Marie Ngowakl :
MLS ID:: 10608188

Flooring: CarpetLaminate/LVPVinyl
A/C: Window/Wall
Heating: Basebd

General: Brick
Parking: LotOff StreetStreet

Roofing: Other
General: Block2Slab

County: Portsmouth VA

Zoning: URH

Utilities: City SewerCity WaterElectric

This listing courtesy of Lea Marie Ngowakl, Atlantic Sotheby's International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Westhaven Elementary School

3701 Clifford St, Portsmouth, VA, 23707

Grades KG-6

0.60 miles away

Cradock Middle School

308 Allen Rd, Portsmouth, VA, 23702

Grades 7-8

1.90 miles away

Manor High School

1401 Elmhurst Ln, Portsmouth, VA, 23701

Grades 9-12

2.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.