$95,000

1625 Elm AVE, Portsmouth, VA 23704

  • 3,312 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $29/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

1625 Elm Ave – Unique Mixed-Use Investment Opportunity in Portsmouth, VAThis versatile property offers the perfect blend of residential and commercial use. The ground floor retail/church space provides immediate income potential or a prime opportunity for community use, retail, or conversion.Upstairs, you’ll find a spacious 5-bedroom, 2-bath residential unit with strong rental potential. According to the City, there’s also the ability to add 2 additional units upstairs, making this property a rare multi-income producing investment.Highlights: • Retail/Church space on the bottom floor • 5 bedrooms, 2 baths upstairs • City approval for up to 2 additional units • Prime Portsmouth location with strong community presence • Ideal for investors, mixed-use developers, or owner-occupantsThis property offers endless potential—whether you’re looking to expand your rental portfolio, start a business, or create a live-work setup.

Listing Status:
Pending
Listing Office:
Maxwell Realty LLC : 757-234-4063
Listing Agent:
Willard Gerald Maxwell Jr. :
MLS ID:
10603346
  • Flooring: Carpet
  • A/C: Central Air
  • Heating: Heat Pump W/A
  • General: Brick
  • Parking: Off Street
  • Roofing: Asphalt Shingle
  • General: BlockConcreteCrawl
  • County: Portsmouth VA
  • Zoning: URH
  • Current Use: Religeous
  • Utilities: City SewerCity WaterElectric

This listing courtesy of Willard Gerald Maxwell Jr., Maxwell Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brighton Elementary School

1100 Portsmouth Blvd, Portsmouth, VA, 23704

Grades KG-6

0.45 miles away

C

Cradock Middle School

308 Allen Rd, Portsmouth, VA, 23702

Grades 7-8

1.49 miles away

I

I. C. Norcom High School

1801 London Blvd, Portsmouth, VA, 23704

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.