1221 Poquoson Avenue, Poquoson, VA 23662
sale
$1,995,000
|
Other
Courtesy Of EXP REALTY LLC
Rare opportunity to acquire a 13-unit income-producing property situated on 2.08 acres in the heart of Poquoson. The asset includes an 8-unit apartment complex, two duplex buildings (4 units), and one single-family cottage, offering a diversified unit mix and multiple income streams within a single acquisition. Offered at $1,995,000, this property provides scale, land, and long-term upside in a market with limited multifamily supply. The expansive parcel supports value-add potential through operational improvements, rent optimization, or future redevelopment strategies. Public water, sewer, and utilities are available. Strategically located along Poquoson Avenue with convenient access to major routes, employment centers, and daily amenities. Great for investors seeking a stable asset with land, unit density, and strong fundamentals in a resilient Hampton Roads submarket. Financials and additional details available upon request. Private tours by appointment only.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 13
- Cooling System: Heat Pump
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Laminate
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Heating System: Forced Air
- MLSID: 10613932
- Roof Type: Asphalt
- Roof Type: Shingle
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