Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.
| MLS # | 10652121 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 24 |
| Listing Provided By | Iron Valley Real Est Norfolk | Carrie Copenhaver |
| SQ Feet | 2,946 |
|---|---|
| Zoning | A12 |
| Water Front | Not Waterfront |
| Water Heater Type | Electric |
|---|
| Exterior Siding | Vinyl, Wood |
|---|---|
| Fence Description | None |
| Roof | Asphalt Shingle |
| Sewer Type | City/County |
|---|---|
| Water Type | City/County |
| Property | 5788 |
|---|
| State | VA |
|---|---|
| County | Virginia Beach VA |
| City | Virginia Beach |
| Zip Code | 23451 |
| Area | 43 Northeast Virginia Beach |
| Community Name | BEACH BOROUGH |
| School District | First Colonial |
| Elementary School | W.T. Cooke Elementary |
| High School | First Colonial |
| Listing VS Median (in BEACH BOROUGH) | |
Price: $995,000 low | high Med: $579,000 sqft: 2,946 low | high Med: 1,930 $ / sqft: $338 low | high Med: $319 On site: 24 low | high Med: 24 | |
| State | VA |
|---|---|
| County | Virginia Beach VA |
| City | Virginia Beach |
| Zip Code | 23451 |
| Area | 43 Northeast Virginia Beach |
| Community Name | BEACH BOROUGH |
| School District | First Colonial |
| Elementary School | W.T. Cooke Elementary |
| High School | First Colonial |
| Listing VS Median (in BEACH BOROUGH) | |
Price: $995,000 low | high Med: $579,000 sqft: 2,946 low | high Med: 1,930 $ / sqft: $338 low | high Med: $319 On site: 24 low | high Med: 24 | |