$89,900 | 531 Edwards Street
ACRES: 0.21Request More Information
Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Perfect location nearby Downtown Portsmouth, I-264, the Downtown Tunnel close of Norfolk Naval Shipyard. Property is about 75 x 120 or 9,000 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are not other similar properties for sale for the multifamily builder/investor.
Property Details
Listing Price | 89900.00 |
MLS# | 10528791 |
Listing Status | Active |
Listing Type | Land and Farms |
Subdivision Name | SOUTHSIDE |
Neighborhood Name | |
Area Name | 21 - Central Portsmouth |
Ownership | Simple |
Listing Office | |
Added to Website | Apr 18, 2024 |
Acres | 0.2100 |
Land Description | In Subdivision,Interior |
Lot Size | Less Than 1/4 Acre |
Improvements | Curbs,Drainage Gutters,Sidewalks |
Fence | None |
Tree Description | Partial |
Road Surface | Paved |
Frontage | City / County |
Water Description | Not Waterfront |
Taxes | $748.00/yr |
Public Schools
School District | Portsmouth Public Schools |
Elementary School |
Brighton Elementary (5,464 mi) 1100 Portsmouth Blvd. Portsmouth, VA 23704 (757) 393-8870 |
Middle School |
Churchland Middle (5,468 mi) 4051 River Shore Rd Portsmouth, VA 23703 (757) 686-2512 |
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