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    200 Bute St

    Suffolk, VA 23434
    • $340,000
    • STATUS: Active Under Contract
    • ON SITE: 47 days
    • ID#: 10334476
    Under Contract
    UPDATED: 71 min ago
    $340,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This is a great investor opportunity! The entire building exterior has been painted and 2 of the 6 units have been completely remodeled with LVP flooring, new kitchens, appliances, and bathrooms. The entire property has been individually sub-metered for electric. The owner pays water and gas for all units, but only pays electricity for 4/6 units plus the house meter. Tenants of the 2 rehabbed units pay their own electric and as tenants turn over it will be a great opportunity to have new tenants pay their own electricity. There is a remodeled laundry facility for the tenants with a coin operated washer/dryer as well. Come see this one today and cash flow from day 1!.

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    www.atkinsonrealtysales.com/homes/108625697
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    200 Bute St Suffolk, VA 23434

    • Price: $340,000
    • Status: Active Under Contract
    • Updated: 71 min ago
    • ID#: 10334476
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1949
    Built
    Neighborhood:
    Old Town Suffolk
    Area:
    62 - Central Suffolk
    Elementary School:
    Elephant's Fork Elementary
    Middle School:
    King`S Fork Middle
    High School:
    Kings Fork
    Property Description
    This is a great investor opportunity! The entire building exterior has been painted and 2 of the 6 units have been completely remodeled with LVP flooring, new kitchens, appliances, and bathrooms. The entire property has been individually sub-metered for electric. The owner pays water and gas for all units, but only pays electricity for 4/6 units plus the house meter. Tenants of the 2 rehabbed units pay their own electric and as tenants turn over it will be a great opportunity to have new tenants pay their own electricity. There is a remodeled laundry facility for the tenants with a coin operated washer/dryer as well. Come see this one today and cash flow from day 1!.
    Exterior Features

    Construction Other Exterior Siding BrickVinyl Foundation Type Crawl Garage YN No Parking Street Roof Asphalt Shingle

    Interior Features

    Cooling Window/Wall Dishwashers 0 Disposals 0 Dryers 1 Flooring Type CeramicVinyl Furnished YN No Heating Basebd Ranges 6 Refrigerators 6 Washers 1 Water Heater Type Gas

    Property Features

    Apartment Type Other Contingencies Home/Eifs Insp. Con. Contingency Exists Contingent Disclosure Disclosure Statement Features Laundry Room Ownership Type Simple Possession Closing Tax Amount Approx 3857 Utilities City SewerCity WaterElectricGasSewer Avail

    Listing provided courtesy of Inlet Realty & Property Mgmt.
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    Virginia Beach VA, 23451