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503 Lancaster AVE
503 Lancaster AVE
503 Lancaster AVE
503 Lancaster AVE
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$125,000

503 Lancaster AVE

3 Beds 1 Bath 949 Sq.Ft.

Description

Attention Investors! This 2-bedroom, 1-bath ranch home, built in 1979, offers significant potential with some updates. Situated on a corner lot in an established neighborhood, the property is currently occupied by a long-term tenant eager to extend their lease post-sale, ensuring immediate rental income. Conveniently located near City Park, interstates, restaurants, and shopping, this home is an excellent opportunity to expand your investment portfolio. This home could also offer a lot of potential to a buyer looking to buy, renovate and create their own dream home with instant equity.

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Location

503 Lancaster AVE, Portsmouth, VA 23707

Status

Pending
Missy L'Hoste

Missy L'Hoste

TITLE

Managing Broker | Client Specialist

Property Amenities

Interior
Appliances Electric Range, Refrigerator, Electric Water Heater
Flooring Carpet, Laminate
Total Bedrooms: 3
Full Bathrooms: 1
Other Interior Features Master Downstairs
Area & Lot
Living area 949 Sq.Ft.
MLS® ID 10571274
Year Built 1979
High School Manor High
Middle School William E. Waters Middle
Elementary School Westhaven Elementary
Architecture Styles Ranch
Type Residential
Status Pending
Exterior
Stories 1
Air conditioning Ceiling Fan(s), Wall/Window Unit(s)
Heat type Baseboard
Sewer Public Sewer
Lot Features Corner Lot
Roof Asphalt
Finance
Sales Price $125,000
Real Estate Tax $2,158 yearly
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 503 Lancaster AVE, Portsmouth, VA 23707. We are reviewing your request and will be in touch shortly!

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Our knowledge of the area will allow us to focus on the best strategy to not only achieve your goals, but to exceed your expectations. We know how to take control and get the job done to your complete satisfaction. Work with the team now!