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Duplex with Renovations in Progress

220 N Lloyd Street Suffolk, VA 23434

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For Sale
$149,000

Duplex for sale with significant renovations underway.

Type:Multi Family
Property size:
2,000 SF
Price / SF:
$74/SF
Added:
Sep 11, 2024
Days on Market:
669
Last Refresh:
May 19 at 9:02 pm

Property Features for 220 N Lloyd Street

General Information

Standard status
Active
Size
2,000 SF
Property subtype
Multi Family

Building Details

Year Built
1940

Listing office Keffer Realty

Listing date Sep 11, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keffer Realty


Investment Insights

Based on property information with market context.

This duplex property offers an opportunity to complete ongoing renovations. The property has undergone significant work, including replacement of all framing, plumbing, and electrical systems. Structural improvements include replaced joists and beams underneath the house, supported by 12-foot double piers, along with new plywood flooring and reinforced foundation. The downstairs area features an open floor plan with sufficient space to add an additional bedroom. The intended use of this property is residential income, with the potential to live on one side and rent out the other.

Key Highlights

  • Complete plumbing and electrical systems have been redone.
  • New framing throughout the house.
  • Foundation reinforced with new joists and beams installed with 12ft double piers.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pharmacy Home Appliance Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex for sale with significant renovations underway.
Where is this duplex located?
The property is located at 220 N Lloyd Street Suffolk, VA.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Complete plumbing and electrical systems have been redone.; New framing throughout the house.; Foundation reinforced with new joists and beams installed with 12ft double piers.
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