2504 Arctic Avenue | Image 1
New

$1,200,000

For Sale

3 hours ago

2504 Arctic Avenue, Virginia Beach, VA

House

MLS® 10659207

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $6,919
Days Active 1
Lot Size 
Approx. Age 1935
MLS® Number 10659207

Property Address: 2504 Arctic Avenue, Virginia Beach, VA, 23451

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a 5-unit multi-family property in highly desirable Old Beach, 2 blocks from beach. Massive upside potential. Irreplaceable acquisition opportunity w/2 separate structures. 2 units positioned for immediate premium rehab & market-rent stabilization. 2 units currently available to show. 3 units are currently managed & occupied offering immediate income. 1st floor unit has 3 bedrooms/1 bath & other unit is 1 bedroom/1 bath. All other units 1 bed/1bath. Current rent roll analysis: 2 units at $995/month each, plus 401 25th St #3 (same tax parcel) at $1050/month. 3 bedroom market rate estimated $2100/mo & other unit $1100/mo. Zoned A-12 & part of Old Beach Overlay Redevelopment, not zoned for STR use.Property to be sold strictly As-Is, Where-Is. All statements regarding property features are estimates. Buyer to exercise due diligence to verify all info.
MLS® Number10659207
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1935
Basement
Driveway2 Space, Driveway Spc, Street
Garage Spaces
HeatElectric
A/CWindow/Wall

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 23, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
2504 Arctic Avenue, Virginia Beach, VA

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