The Portsmouth

Single Family

1470

Sqft

1900

Details
Financials
Performance

$213,000

Purchase Price

$1,795

Rent / Mo

Refinance Candidate

Property Leverage

781 C Avenue, Norfolk, VA 23504

About

The Portsmouth is a 3-bedroom, 2-bathroom home in beautiful Norfolk, Virginia. It features a remodeled kitchen with new cabinets and stainless-steel appliances, waterproof flooring on the main floor, fresh paint, and spacious bedrooms with new carpeting. Out front, you'll find a cozy front porch, creating a great space to view the neighborhood from this corner lot.

Tenant Leasing Process

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Rented

Rental Status

This property is eligible to start receiving dividends after its first lease is signed.

The Market

Hampton Roads, VA

Nestled along the coastline of southeastern Virginia, the Hampton Roads region comprises nine charming cities - Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Virginia Beach, Poquoson, and Williamsburg - each boasting unique character and rich history. Hampton Roads is the perfect destination for those seeking a blend of urban living, coastal tranquility, and military heritage. The natural beauty of Hampton Roads is undeniable, with miles of sandy beaches, lush parks, and wildlife refuges providing endless recreational opportunities. Outdoor enthusiasts can enjoy surfing, fishing, boating, or simply soaking up the sun on the pristine shores of Virginia Beach. History buffs will be captivated by the region's rich past, featuring the Historic Triangle of Williamsburg, Jamestown, and Yorktown. With its excellent schools, affordable housing, and a strong sense of community, Hampton Roads, Virginia, is an idyllic place to call home and the perfect destination for vacationers.

Common Questions

How Arrived works

What returns can I expect

What to expect if my property is still seeking a tenant

Diversification

Investing horizon & liquidity

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