1. Virginia
  2. Virginia Beach
  3. 213 S Birdneck RD
$695,000

213 S Birdneck RD, Virginia Beach, VA 23451

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

213 & 215 S Birdneck Rd, Virginia Beach – Investment OpportunityThree-building property ready for redevelopment or full renovation. 2 narrow / long lots--see plat. Total frontage approx 100'x200'. Front House: 3–4 BR, 2 BA – currently unlivable, needs major renovation/rebuildTriplex: Three 1 BR, 1 BA units – separate electric, full interior updates neededDuplex: Two 2 BR, 1 BA units – currently rented at $1,200/mo each, updates needed. Total Renovation Estimate: $110K–$215K. Projected Market Rents After Renovation: approx. $8,250/mo or $99K/yr. Shared driveway easement with 221 S Birdneck Rd. Buyer to verify zoning and ability to maintain three structures. Interior access to occupied units *after* ratified contract and **Hold Harmless Agreement**. Ideal value-add project for investors seeking strong rental potential.

Listing Status:
Active
Listing Office:
Coastal Group Inc. : 757-720-2463
Listing Agent:
Alex Winfield :
MLS ID:
10603378
  • Flooring: Other
  • A/C: Other
  • Heating: Other
  • General: BrickMasonry
  • Parking: LotOff StreetDriveway Spc
  • Roofing: Asphalt Shingle
  • General: Frame1CrawlSlab
  • County: Virginia Beach VA
  • Zoning: R10
  • Utilities: City SewerCity WaterElectric

This listing courtesy of Alex Winfield, Coastal Group Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Seatack Elementary School

912 S Birdneck Rd, Virginia Beach, VA, 23451

Grades PK-5

1.45 miles away

C

Corporate Landing Middle School

1597 Corporate Landing Pkwy, Virginia Beach, VA, 23454

Grades 6-8

3.23 miles away

O

Ocean Lakes High School

885 Schumann Dr, Virginia Beach, VA, 23454

Grades 9-12

4.34 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.