$230,000

5944 Margate AVE, Virginia Beach, VA 23462

3 beds |
1 bath |
1,260 sqft

Condominium
Built in 1977
2,208sqft lot
—— car garage
$183/sqft
Listed 5 days ago

Property Description

Well-maintained townhome in the heart of Virginia Beach offering flexibility for owner-occupants or investors. 2025 updates include new HVAC, fresh interior paint, LVP flooring first floor only, updated lower cabinetry, lighting, and ceiling fans. Currently tenant-occupied at $1,700/month with lease transitioning to month-to-month April 1, providing immediate income or future occupancy options. Centrally located with convenient access to interstates, shopping, dining, and entertainment. Excellent military accessibility, approximately 20/25 minutes to NAS Oceana and 15/20 minutes to JEB Little Creek - Fort Story. Seller is open to carpet concessions with the acceptable offer. A solid opportunity in an established area with strong rental demand an dcommuter appeal.

Listing Status:: Active
Data Last Updated:: March 4, 2026 at 8:40PM
Listing Office:: BHHS RW Towne Realty : 757-436-3636
Listing Agent:: Cara Allen :
MLS ID:: 10621287

Appliances: DishwasherDisposalDryer HookupMicrowaveElec RangeRefrigeratorWasher Hookup
Flooring: CarpetLaminate/LVP
A/C: Central Air
Heating: Heat Pump
Fireplace: Fireplaces: 0

General: BrickVinyl
Style: Townhouse
Pool: No Pool
Parking: 2 SpaceDriveway SpcStreet

Roofing: Asphalt Shingle
General: 2Slab

HOA Amenities: 0.0
County: Virginia Beach VA

Zoning: A18
Fencing: Back Fenced

Water: City/County
Sewer: City/County

This listing courtesy of Cara Allen , BHHS RW Towne Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Williams Elementary School

892 Newtown Rd, Virginia Beach, VA, 23462

Grades 4-5

1.15 miles away

Bayside Middle School

965 Newtown Rd, Virginia Beach, VA, 23462

Grades 6-8

1.41 miles away

Bayside High School

4960 Haygood Rd, Virginia Beach, VA, 23455

Grades 9-12

1.91 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.