37 Farragut ST new Save Request In-Person Tour Request Virtual Tour
Portsmouth,VA 23702
Key Details
Property Type Multifamily Residential
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $122
Subdivision Cradock
MLS Listing ID 10581651
Style Side by Side
Year Built 1918
Annual Tax Amount $3,775
Property Sub-Type Quadruplex
Property Description
This cash flowing quadplex is a rare find in the heart of Portsmouth! Featuring four generously sized 3 bedroom units, each offering 1,100 square feet of living space, this well-maintained asset is poised to deliver immediate income and future upside. Two of the four units are currently secured under one year leases at $1,900+ per month, providing reliable, built-in revenue. Located just minutes from the Norfolk Naval Shipyard, Portsmouth Naval Hospital, and vibrant Downtown Portsmouth, tenants enjoy easy access to major employers, transit, and amenities. Whether you're expanding your portfolio or entering a thriving rental market, this property checks all the boxes for dependable returns and long term value. Don't miss this prime opportunity to own a high performing, centrally located asset in one of Hampton Roads' most active rental corridors.
Location
State VA
County Portsmouth
Area 21 - Central Portsmouth
Zoning HR
Interior
Hot Water Electric
Exterior
Fence Full,Privacy,Wood Fence
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Foundation Slab
Sewer City/County
Water City/County
Schools
Elementary Schools Cradock Elementary
Middle Schools Cradock Middle
High Schools Manor High
Others
Special Listing Condition Disclosure Statement
Virtual Tour https://www.zillow.com/view-imx/838d6610-cd2a-42f6-ab8f-d8cd1f68313d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard