DINWIDDIE PLACE APARTMENTS

For Sale

516-522 Dinwiddie St, Norfolk, VA 23523

This Norfolk property for sale is located at 516-522 Dinwiddie St. The current listed sale price for DINWIDDIE PLACE APARTMENTS is $975,000. DINWIDDIE PLACE APARTMENTS is situated on a lot that is 0.18 acre in size.

Contacts

broker

Leo Sutton

SVN | LEAD Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 9,536 SF
  • Units 12
  • Lot Size 0.18 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1912
  • Year Renovated 2018
  • Date Updated Sep 1, 2024
FOR SALE - $975,000 - A Beautiful 3 Story, 12 Unit, Brick Building, with full basement, Value-add opportunity. The property is being offered As-Is. The Current Tax Assessment is: $924,100. Located in the heart of the Hampton Roads region, DINWIDDIE PLACE APARTMENTS offer a prime investment opportunity for prospective Multifamily/Low-Rise/Garden investors. The area boasts proximity to key attractions like Norfolk Naval Shipyard, BAE Systems Norfolk Ship Repair, Colonna’s Shipyard, Virginia Zoo, and Ocean View Beach Park, making it an appealing location for potential Tenants. With its convenient access to major transportation routes, including Interstates I464 and I264, and vibrant local amenities, the area presents an exciting prospect for those looking to invest in the thriving Norfolk, VA market. NOTE: The Tenants pay for all of their Utilities (separately metered). Landlord pays for common area lighting. Introducing an exciting investment opportunity at DINWIDDIE PLACE APARTMENTS, situated at 516-522 Dinwiddie St in Norfolk, VA 23523. This prime property is presented by SVN, a global leader in commercial real estate services, known for driving outstanding results for clients. Featuring an expert team of over 2,000 advisors, SVN offers a unique Shared Value Network to maximize success. Through specialty practices in areas such as multifamily, industrial, and more, SVN advisors collaborate globally to unlock new opportunities for your assets. Experience the SVN advantage with the 9.6% Report, showcasing higher returns on properties sold through cooperation. By reaching a wider audience, SVN elevates property values and ensures superior outcomes for owners. Don't miss out on DINWIDDIE PLACE APARTMENTS - a smart investment choice in a thriving location. Contact us today to explore this exceptional opportunity with SVN.Beautiful 12 Unit Brick Apartment Building. Very large 1 Bedroom Apartments. Value-Add. Full Basement. Sold As-Is.

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Highlights

  • Brick 3 story building
  • Tenants pay all utilities
  • Professionally Managed
  • Easy access to Shipyards and Downtown Norfolk

Getting around

  • 54/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Norfolk, VA
  • Neighborhood Beacon Light - Berkley
  • Zip Code 23523
  • Market Richmond Tidewater

Points of Interest

  • Harbor Park

    0.78 miles

  • Norfolk

    0.78 miles

  • Civic Plaza

    0.89 miles

  • MacArthur Square

    1.07 miles

  • NSU

    1.12 miles

  • Monticello

    1.31 miles

  • York Street/Freemason

    1.57 miles

  • Ballentine/Broad Creek

    1.83 miles

  • EVMC/Fort Norfolk

    2.14 miles

  • Ingleside Road

    2.67 miles

  • Texaco

    1.03 miles

  • Citgo

    1.33 miles

  • BP

    1.35 miles

  • 7-Eleven

    1.39 miles

  • Wawa

    1.39 miles

  • Shell

    1.40 miles

  • bp

    1.41 miles

  • Exxon

    1.71 miles

  • Miller's

    1.92 miles

  • Tesla Supercharger

    3.80 miles

  • Dominion Tower Parking Garage

    0.75 miles

  • Civic Center Lot

    0.81 miles

  • Water Street Garage

    0.87 miles

  • Commercial Place Garage

    0.94 miles

  • Harbor Court Parking Garage

    0.95 miles

  • County Street Garage

    0.96 miles

  • Middle Street Garage

    0.98 miles

  • Waterside Garage

    0.99 miles

  • Fountain Park Garage

    1.00 miles

  • Main Street Garage

    1.04 miles

  • Sheraton Norfolk Waterside Hotel

    0.84 miles

  • Renaissance Portsmouth-Norfolk Waterfront Hotel

    0.85 miles

  • National at Harbor Towers

    0.90 miles

  • Norfolk Waterside Marriott

    0.99 miles

  • Courtyard Norfolk Downtown

    1.00 miles

  • Hilton Norfolk The Main

    1.08 miles

  • Glass Light Hotel & Gallery, Autograph Collection

    1.18 miles

  • The James Apartments

    1.33 miles

  • Comfort Inn Olde Town

    1.41 miles

  • Riverwalk Inn & Suites Portsmouth

    1.41 miles

  • Berkley Supermarket

    0.13 miles

  • Dillard's

    1.14 miles

  • Macarthur Center

    1.19 miles

  • Food Lion

    1.97 miles

  • Harris Teeter

    2.28 miles

  • ALDI

    2.67 miles

  • The Fresh Market

    2.87 miles

  • Walmart Neighborhood Market

    2.88 miles

  • Kroger

    3.05 miles

  • Big Lots

    3.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Leo Sutton

SVN | LEAD Commercial