Aulegre Real Estate Team

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1035 Gates Avenue, Norfolk, VA 23507

 (Sold on )

$899,900

  • Open House
  • New Listing
  • Price Reduced
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • 4,400Sqft
  • 0Acres
  • Multi-FamilyType
  • 10660329MLS#
-1 More Schedule

Property Description

Tidy Brick Triplex surrounded by stately homes in the heart of W. Ghent is simply a money maker. Owner occupies ground floor unit. Units 2 & 3 currently rented for a total of $4000/mo. Potential for a min. of $6500/mo. if all units were to be rented! Fantastic, low-maintenance tenants that pay punctually every month. All units are updated classy large, open floorplans. Unit 1 is approx. 1800 sqft w/ 3 bd/2 bath. Unit 2 is identical but one bd&ba has been blocked off to use for storage. Could easily be reincorporated to make it 3/2 again at almost no expense. Unit 3 is large open-plan 2 bd/1 ba. Individual heat pumps. Long driveway for off-street parking. Units 2 & 3 are fully furnished including full kitchens with small appliances, cutlery etc. Beautiful backyard. This has been an extremely profitable dream property for us for well over a decade, and we are now focusing our investment efforts in another market out of state, so this is your chance to pick up where we are leaving off.

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Property Details 1035 Gates Avenue, Norfolk, VA 23507

Facts & Features

  • MLS #: 10660329
  • Status: Active
  • Date Listed: 11/02/2026
  • Type: Multi-Family
  • Sub Type: Triplex
  • Year Built: 1950
  • Price: $899,900
  • Area: 11 - West Norfolk
  • County: Norfolk
  • Subdivision: WEST GHENT
  • Total SqFt: 4,400

Schools

  • Elementary: Walter Herron Taylor Elementary
  • Middle: Blair Middle
  • High: Maury

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