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Amanda Hoke Team - AtCoastal Realty
9551 5th Bay Street, North Norfolk, VA 23518
- $747,500
- 3,050
- SqFt
- Sold Price
- $747,500
- Status
- SOLD
- MLS#
- 10607481
- Closing Date
- Dec 09, 2025
- Year Built
- 1972
- Style
- Other, Over/Under
- Living Area
- 3,050
- County
- Norfolk VA
- City
- North Norfolk
- Subdivision
- Ocean View East
Property Description
Your wealth building dream starts here! Located just blocks from the Chesapeake Bay in the vibrant East Beach neighborhood, this four unit investment property offers both lifestyle appeal and strong cashflow potential. Ideal for the savvy investor ready to leverage furnished or long-term rentals, this property positions you at the intersection of beach living and wealth building. Each unit is fully occupied, fully renovated and features a desirable layout of 2bed/1bath with open living space and W/D in each unit. Neighboring the Bay Oaks Park and the East Beach Farmers Market, the location is unbeatable! Please do not disturb tenants. Current rent roll: Unit 1 -$1400/mo lease ends 3/31/26, Unit 2 - $1,495/mo + $75/mo utility fee ($1,570 total) lease ends 5/31/2026, Unit 3 - $1,450/mo +75/mo utility fee ($1,525 total) lease ends 10/31/2026, Unit 4 - Furnished MTR $2,150/mo current guest exp 10/31/25, next guest 10/31/25-12/31/2025.
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Additional Information
- Roof
- Asphalt Shingle
- Exterior
- Brick
- Waterfront Description
- Not Waterfront
- Sewer
- City/County
- Elementary School
- Little Creek Elementary
- Middle School
- Azalea Gardens Middle
- High School
- Lake Taylor
- Contingency Exists
- Non Contingent
- Days on Market
- 24
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Listing courtesy of EXP Realty LLC. Selling Office: .
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