1. Virginia
2. Portsmouth
3. 87 Channing AVE

87 Channing AVE, Portsmouth, VA 23702

• 4 beds |
• 2 baths |
• 1,955 sqft

Property Description

Investor Special with Subdivision Potential!Unlock incredible value with this rare opportunity in a rapidly appreciating neighborhood! This property features a home ready for renovation with ARV (After Repair Value) potential of $295,000+—ideal for flippers or buy-and-hold investors.What sets this property apart is the extra lot that is easily subdividable (buyer to verify with city/county). Build a second home and sell it for an estimated $350,000+, or create a long-term rental portfolio with two income-producing properties. Each lot meets all set back requirements with plenty of extra lot square footage on all 4 sides. New lot will face Irwin Street.Whether you're an experienced investor or a savvy builder, this is a can't-miss opportunity to maximize profit on two buildable parcels in one deal.Don’t miss this one—opportunities like this don’t last!

Listing Status:

Active

Listing Office:

Creed Realty : 757-502-4070

Listing Agent:

Trisha Saunders :

MLS ID:

10592229

Interior

• Appliances: None
• Flooring: CarpetVinyl
• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Trisha Saunders, Creed Realty