Newport News, VA 23607,315 48th ST
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$ 115,000
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Under Contract

315 48th ST Newport News, VA 23607

2 Beds

1.5 Baths

957 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 957 sqft

Price per Sqft $120

Subdivision All Others Area 107

MLS Listing ID 10593882

Style Colonial

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1985

Annual Tax Amount $1,733

Lot Size 2,613 Sqft

Property Sub-Type Detached

Property Description

This property in Newport News presents a fantastic opportunity to fix and flip for quick return or add to your rental portfolio. The home has been vacant for three years and requires a full cosmetic rehab, along with a new roof and HVAC system. With a projected rent of $1,650/month (per Rent-O-Meter), there's strong cash flow potential post-renovation. Conveniently located near I-664 and I-64, the home offers quick access to the Peninsula Town Center, Jefferson Commons, and major shopping corridors. With the right updates, this property can deliver a solid return!

Location

State VA

County Newport News

Area 107 - Newport News Midtown East

Zoning R5

Interior

Hot Water Electric

Heating Basebd, Electric

Cooling Central Air

Flooring Laminate/LVP

Appliance Dryer Hookup, Elec Range, Refrigerator, Washer Hookup

Exterior

Parking Features Off Street

Fence None

Pool No Pool

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Riverside Elementary

Middle Schools B.T. Washington Middle

High Schools Heritage

Others

Senior Community No

Ownership Simple

Disclosures None

Special Listing Condition None


Real Estate Information Network (REIN)
Listed by Profound Property Group LLC
agent

Matthew Henderson

Agent | License ID: 0225228242

+1(252) 339-3810

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315 48th ST