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1957 E Ocean View Avenue, North Norfolk
$700,000
10643752 MLS
Exceptional investment opportunity in Norfolk’s Cottage Line neighborhood of Ocean View, just across the street from the Chesapeake Bay. This all-brick, 3,175-square-foot building offers five apartments: four 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, plus a detached income-producing garage and off-street parking. Current gross rental income is $6,475/month ($77,700/year), with potential for additional growth as units turn over. Unit E was recently renovated with an updated kitchen and bath, luxury vinyl plank flooring and fresh paint, providing a proven model for future improvements. Each apartment is separately metered for electricity, paid by the tenants. Owner pays gas, water, sewer and trash, averaging approximately $500–$700/month. Unit C has washer/dryer hookups. High-elevation lot with no flood insurance required. All apartments and the garage are currently occupied. Commercial financing is typically required for properties with five or more units.

1957 E Ocean View Avenue, North Norfolk
3509 Pleasant Avenue Unit 202, North Norfolk
$255,000
2 Beds ⋅ 1 Baths ⋅ 10658312 MLS
Like-New Condo Just Two Blocks from the Beach! Enjoy coastal living in the heart of East Ocean View! This beautifully maintained 2016 condo features 2 bedrooms, 1 full bath, and an open floor plan with stylish updates throughout. Located on the second floor, the home offers luxury vinyl plank flooring, a bright living area, and a private balcony great for morning coffee. The dining area features a wet bar with cabinetry, while the updated kitchen includes granite countertops and stainless-steel appliances. Additional highlights include in-unit laundry, a spacious primary bedroom with an organized closet, and an oversized dual-entry bath with a tiled walk-in shower and pebble floor. Two designated parking spaces included. Just blocks from the beach and convenient to restaurants, shopping, military bases, the airport, and more. Schedule your showing today!

3509 Pleasant Avenue Unit 202, North Norfolk

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.

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