1235 22nd ST, Newport News, VA 23607 (MLS # 2621345)

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PRICE $105,000 BEDS 3 BATHS 1 HOME SIZE 1,380 sqft LOT SIZE n/a Request More Info

Excellent investment opportunity! This tenant-occupied property offers immediate rental income with a dependable tenant already in place and approximately 7 months remaining on the current lease, making it a turnkey addition to any investment portfolio. This home features 3 bedrooms and 1 full bathroom, offering a practical and functional layout designed for comfortable everyday living. The spacious living room flows into the kitchen, creating an efficient floor plan, while the three well-sized bedrooms provide flexibility for family living, guests, or a home office. The property does require cosmetic updates and repairs, presenting an excellent opportunity for investors to add value while generating rental income. An added bonus is that the home sits partially on an adjoining 25' x 100' lot, which is included in the sale, providing additional land and future potential. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this property offers both immediate cash flow and long-term value. Property is being sold strictly AS IS. The seller will make no repairs or improvements. Buyer is encouraged to conduct any desired inspections for informational purposes only. With a reliable tenant already in place, immediate rental income, additional land included, and value-add potential through cosmetic improvements, this is an outstanding opportunity for investors seeking to expand their portfolio.