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Maury Court 749 Maury Ave

12 Unit Apartment Building $2,200,000 ($183,333/Unit) Norfolk, VA 23517

Apartment Buildings Virginia Norfolk 749 Maury Ave, Norfolk, VA 23517

Investment Highlights

  • Includes Barber Shop/Hair Salon Unit, 1210 Colley Avenue
  • Built in 1928 - 0.2239 Acres
  • Income Producing Property

Executive Summary

3-Story Historic, 12-Unit Apartment Building
Plus Barber Shop/Hair Salon Unit, 1210 Colley Avenue
Online Auction September 19 - 26, 2024, Ending @ 12:30 PM
Ordered Sold by Family Trust
Fully Income Producing Property
Corner of Maury Avenue & Colley Avenue
New Roof in 2024
Built in 1928 - Lot Size 0.2239 Acres
Located in the Greater Ghent Neighborhood
Building - 13,848

Attachments

749 Maury Avenue Auction Flyer Revised 8.16.2024
749 Maury Ave Underwriting Report 6.25.2024
Maury Ave Income Statement Aug 2024
Maury Ave Income Rents Aug 2024

Property Facts Under Contract

Price $2,200,000 Apartment Style Low Rise
Price Per Unit $183,333 Building Class C
Sale Type Investment Lot Size 0.22 AC
Sale Conditions Bulk/Portfolio Sale Building Size 13,689 SF
No. Units 12 No. Stories 3
Property Type Multifamily Year Built 1928
Property Subtype Apartment Cross Streets Colley Ave
Price $2,200,000
Price Per Unit $183,333
Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.22 AC
Building Size 13,689 SF
No. Stories 3
Year Built 1928
Cross Streets Colley Ave

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 12 - -
1 of 1
Walk Score ®
Walker's Paradise (92)
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measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Number 21501400 Improvements Assessment $823,200
Land Assessment $243,900 Total Assessment $1,067,100

PROPERTY TAXES

Parcel Number
21501400
Land Assessment
$243,900
Improvements Assessment
$823,200
Total Assessment
$1,067,100

zoning

Zoning Code 71
71
(757) 286-6460

Contact

  • Listing ID: 32835835

  • Date on Market: 8/16/2024

  • Last Updated:

  • Address: 749 Maury Ave, Norfolk, VA 23517

More public record information on 749 Maury Ave, Norfolk, VA 23517

The Multifamily Property at 749 Maury Ave, Norfolk, VA 23517 is currently available for sale. Contact Atlantic Asset Management Group, Inc. for more information.

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Maury Court | 749 Maury Ave
(757) 286-6460 x

Maury Court | 749 Maury Ave

William J. Summs Sr.

(757) 286-6460

(757) 286-6460

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