2200 Pearl Street, Portsmouth, VA 23704
- Added:
- Apr 9, 2026
- Days on Market:
- 73
- Last Refresh:
- Jun 20 at 5:06 am
Property Features for 2200 Pearl Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- UR
- Standard status
- Active
- Size
- 1,420 SF
Taxes and HOA fees
- Tax Annual Amount
- 2132
Utilities
- Water front features
- Waterfront
Building Details
- Year built
- 1920
- Roof type
- Metal
Listing agent Amanda Broadus (757) 642-0118
Listing office Abrams Realty 4560 South Blvd. Suite #120, Virginia Beach, VA (757) 644-3800
Listing date Apr 9, 2026
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Multi‑family investment property (duplex)
- Oversized lot with spacious yard
- Potential for future expansion or building an additional home
- Waterfront features
- Metal roof
- Priced to sell
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.1k | $13.44 |
| − Vacancy | −$1.5k | −$1.03 |
| EGI | $17.6k | $12.41 |
| − OpEx | −$5.3k | −$3.72 |
| NOI | $12.3k | $8.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Portsmouth
- State
- Virginia
- Longitude
- -76.31108
- Latitude
- 36.822153
