1139 E Leicester Avenue, North Norfolk, VA 23503

Property Description

Investment opportunity or live in one and let the other help offset your mortgage! Updated Ocean View duplex featuring two spacious 3BR/2BA units plus detached storage garage. Unit 1 is vacant and move-in ready. Unit 2 has a long-term tenant since 2021, currently month-to-month, offering flexibility. Extensive 2022 improvements include new roof, windows, updated electrical, downstairs HVAC, flooring, appliances and fresh paint. In 2026, an additional downstairs bathroom and tankless water heater were installed, creating two full baths in each unit and increasing rental potential. Historical annual rents exceeded $38K, with projected annual income of $45K. Ideal for investors or owner-occupants seeking rental income, flexibility and significant capital improvements already completed.