$750,000

2 Colonial PL, Newport News, VA 23601

  • 2,094 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $358/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

This portfolio contains five properties. The properties are in mixed use zones, but have been occupied for residential use for many years. The portfolio is being sold below appraised value and is being sold “as is, where is”. An information package can be obtained once a Confidentiality Agreement has been signed. Contingencies for financing and/or bank appraisals will not be accepted. Owner financing is not available. The properties are tenant occupied. This property is best for an investor that has the ability to secure the property with cash, and has knowledge and skills in construction or access construction assistance, as the value add component of the investment is improving the property. The Hilton (Newport News) location is excellent and, with improvements, this portfolio can perform well for resale and/or retain for rental income.

Listing Status:
Active
Listing Office:
Coldwell Banker Traditions LLC : 757-229-9595
Listing Agent:
John Wilson :
MLS ID:
10608120
  • A/C: None
  • Heating: GasHot Water
  • General: Brick
  • Parking: Off StreetStreet
  • Roofing: Composite
  • General: OtherCrawl
  • County: Newport News VA
  • Zoning: C2
  • Current Use: Rental
  • Utilities: City SewerCity WaterElectricGas

This listing courtesy of John Wilson, Coldwell Banker Traditions LLC

Monthly Payment

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

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Location

Schools Nearby

S

Sedgefield Elementary School

804 Main St, Newport News, VA, 23605

Grades KG-5

1.30 miles away

H

Homer L. Hines Middle School

561 McLawhorne Dr, Newport News, VA, 23601

Grades 6-8

0.57 miles away

W

Warwick High School

51 Copeland Ln, Newport News, VA, 23601

Grades 9-12

0.36 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.