CALL FOR OFFERS (BY FRIDAY 4/18/25) This property is a 12-unit complex fully occupied with strong cash flow for a savvy real estate investment opportunity. The building spans 9,536 square feet among three stories. There are four one-bedroom, one-bath units at 675 square feet, four more at 825 square feet, and the largest four offered at 850 square feet. The residents cover all utilities such as water, trash, electricity, and gas. Very minimal maintenance is needed on the property and is professionally managed. The site is in the proximity of two shipyards with its strategic Norfolk location, easily catering to strong renter demand in the area. The property has a solid rental income of $124,620 annually and a $76,434 projected NOI.