New ListingInvestor opportunity in the heart of Newport News! This well-maintained duplex at 716 31st St is the perfect addition to your rental portfolio, with leases already secured through 2027 providing immediate and stable cash flow. Each unit features durable LVP flooring, updated windows, and modern HVAC systems, offering low-maintenance ownership and tenant comfort. Utilities are separately metered, maximizing efficiency and simplifying management. Whether you're a seasoned investor looking to expand or just starting to build your portfolio, this property checks all the boxes. Conveniently located near major employers, shipyard, and interstate access, making it an attractive option for long-term tenants. Don't miss this turnkey income-producing property!
| MLS # | 10659936 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New Listing |
| Year | 1940 |
| Days On Site | 1 |
| Listing Provided By | Atlantic Sothebys Int'l Realty | Kris Weaver |
| SQ Feet | 1,680 |
|---|---|
| Zoning | R4 |
| Water Front | Not Waterfront |
| Water Heater Type | Electric |
|---|
| Exterior Siding | Vinyl |
|---|---|
| Fence Description | Back Fenced |
| Roof | Asphalt Shingle |
| Sewer Type | City/County |
|---|---|
| Water Type | City/County |
| Property | 2691 |
|---|
| State | VA |
|---|---|
| County | Newport News VA |
| City | Newport News |
| Zip Code | 23607 |
| Area | 106 Newport News South |
| Community Name | ALL OTHERS AREA 106 |
| School District | Heritage |
| Elementary School | Magruder Elementary |
| High School | Heritage |
| Listing VS Median (in ALL OTHERS AREA 106) | |
Price: $225,000 low | high Med: $209,000 sqft: 1,680 low | high Med: 1,465 $ / sqft: $134 low | high Med: $145 On site: 1 low | high Med: 39 | |
| State | VA |
|---|---|
| County | Newport News VA |
| City | Newport News |
| Zip Code | 23607 |
| Area | 106 Newport News South |
| Community Name | ALL OTHERS AREA 106 |
| School District | Heritage |
| Elementary School | Magruder Elementary |
| High School | Heritage |
| Listing VS Median (in ALL OTHERS AREA 106) | |
Price: $225,000 low | high Med: $209,000 sqft: 1,680 low | high Med: 1,465 $ / sqft: $134 low | high Med: $145 On site: 1 low | high Med: 39 | |