531 Edwards Street, Portsmouth, VA 23704

$89,900

Land Property

Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Perfect location nearby Downtown Portsmouth, I-264, the Downtown Tunnel close of Norfolk Naval Shipyard. Property is about 75 x 120 or 9,000 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are not other similar properties for sale for the multifamily builder/investor.

School Information

School District
Portsmouth Public Schools
Elementary School
Brighton Elementary
1100 Portsmouth Blvd.
Portsmouth, VA 23704
Middle School
Churchland Middle
4051 River Shore Rd
Portsmouth, VA 23703
High School

Listing Courtesy of BHHS RW Towne Realty