315 48th ST, Newport News, VA 23607

2 beds |
1 bath |
957 sqft

Single-Family Home
Built in 1985
2,614sqft lot
—— car garage
$120/sqft
Listed 23 hours ago

Property Description

This property in Newport News presents a fantastic opportunity to fix and flip for quick return or add to your rental portfolio. The home has been vacant for three years and requires a full cosmetic rehab, along with a new roof and HVAC system. With a projected rent of $1,650/month (per Rent-O-Meter), there's strong cash flow potential post-renovation. Conveniently located near I-664 and I-64, the home offers quick access to the Peninsula Town Center, Jefferson Commons, and major shopping corridors. With the right updates, this property can deliver a solid return!

Listing Status:: Active
Listing Office:: Profound Property Group LLC : 804-294-0049
Listing Agent:: Joan Small :
MLS ID:: 10593882

Appliances: Dryer HookupElec RangeRefrigeratorWasher Hookup
Flooring: Laminate/LVP
A/C: Central Air
Heating: BasebdElectric
Fireplace: Fireplaces: 0

This listing courtesy of Joan Small, Profound Property Group LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Newsome Park Elementary School

4200 Marshall Ave, Newport News, VA, 23607

Grades KG-5

0.82 miles away

B.T. Washington Middle School

3700 Chestnut Ave, Newport News, VA, 23607

Grades 6-8

1.47 miles away

Heritage High School

5800 Marshall Ave, Newport News, VA, 23605

Grades 9-12

1.04 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.