503 Lancaster AVE new

Portsmouth,VA 23707

$ 125000

3 Beds

1 Bath

949 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 949 sqft

Price per Sqft $131

Subdivision Westhaven

MLS Listing ID 10571274

Style Ranch

Bedrooms 3

Full Baths 1

Year Built 1979

Annual Tax Amount $2,158

Property Sub-Type Detached

Property Description

Attention Investors! This 2-bedroom, 1-bath ranch home, built in 1979, offers significant potential with some updates. Situated on a corner lot in an established neighborhood, the property is currently occupied by a long-term tenant eager to extend their lease post-sale, ensuring immediate rental income. Conveniently located near City Park, interstates, restaurants, and shopping, this home is an excellent opportunity to expand your investment portfolio. This home could also offer a lot of potential to a buyer looking to buy, renovate and create their own dream home with instant equity.

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning URH

Rooms

Other Rooms 1st Floor Primary BR,Attic,Breakfast Area

Interior

Hot Water Electric

Heating Basebd

Cooling Window/Wall

Flooring Carpet,Laminate/LVP

Equipment Cable Hookup,Ceiling Fan

Exterior

Exterior Feature Corner,Storage Shed

Parking Features Driveway Spc

Fence Back Fenced

Pool No Pool

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Story 1.0000

Foundation Slab

Sewer City/County

Water None

Schools

Elementary Schools Westhaven Elementary

Middle Schools William E. Waters Middle

High Schools Manor High

Others

Special Listing Condition Disclosure Statement,Related to Seller

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