Norfolk, VA, 23505, Norfolk, VA, 23505

Bedrooms

Bathrooms

3,376

Sq Ft

Property Details

Type:: single_family
Status:: Active
MLS ID:: SCR41035826
Last Updated:: 9/1/2025

Additional Information

Description

🚨 New Subto Deal – NORFOLK VA | Only 24.9K | $1k+ Cash Flow PadSplit!! 🚨 📍NORFOLK VA 23505 🛏️5 Bed 🛁4 Bath 🏡 3,376 sq ft Purchase Price: $547,709.51 Remaining mortgage: 517,709.51 Down Payment: $24,990 + closing costs Balloon: 5 years Interest Rate: 7.625% Piti: $4,320.86 PadSplit (5 rooms) ~$5,400 PadSplit (6 rooms) ~$6,480 5 bedrooms with a bonus room that can be the 6th bedroom. Roof (2015), new bathrooms, 2 new HVAC. Location Close to Naval Station Norfolk, the world’s largest naval base → constant demand from service members and contractors who often need affordable, flexible housing. Near Old Dominion University (ODU) and Eastern Virginia Medical School → student and healthcare worker demand. Accessible to highways (I-64, I-564) and bus routes → good for car-free tenants. Dm for more information.

Listing Information

Listing Agent

Nicolas Faure

Seller Financing Terms

Financed Amount:$522,719

Interest Rate:7.625%

Loan Term:5 years

Monthly Payment:$10,505

Balloon Payment:After 5 years

* Terms are pending seller / RMLO approval

Contact Seller

Nicolas Faure

Seller

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