$89,900
Active
5 Days Online
0 Beds0 Baths0 SQFT
Active

531 Edwards Street Portsmouth, VA 23704

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Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Perfect location nearby Downtown Portsmouth, I-264, the Downtown Tunnel close of Norfolk Naval Shipyard. Property is about 75 x 120 or 9, 000 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are not other similar properties for sale for the multifamily builder/investor.

  • Property TypeLand
  • NeighborhoodN/A
  • CountyPortsmouth Va
  • Taxes$748
  • HOA/Condo/Coop Fees$0
  • Days on Site5 Days
  • MLS StatusActive
  • MLS ID Number10528791
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.21 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Acreage 0.21
  • Utilities Sewer AvailableWater AvailableElectricity AvailableNatural Gas Available
  • Zoning UR-M

Interior Features

  • Fireplace No

Exterior Features

  • Fencing None
  • Waterfront Property No
  • Waterfront Features Not Waterfront
  • Road Frontage City Street
  • Other Structures None

Community Features

  • MLS Area 21 - Central Portsmouth

Schools

School District
Unknown
Elementary School
Brighton Elementary
Middle School
Churchland Middle
High School
Manor High

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Monthly Payment (Est.)

$487
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