739 S Rosemont Road Virginia Beach, VA 23452
MULTI_FAMILY - Virginia Beach, VA
- Added:
- May 22, 2026
- Days on Market:
- 51
- Last Refresh:
- Jul 11 at 4:06 pm
Property Features for 739 S Rosemont Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A12
- Standard status
- Active
- Size
- 2,142 SF
Taxes and HOA fees
- Tax Annual Amount
- 3485
Utilities
- Water front features
- Waterfront
Building Details
- Year built
- 1999
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Alexandra Serrano (757) 410-8500
Listing office The Real Estate Group 401 N Great Neck Rd. #126, Chesapeake, VA (757) 961-9090
Listing date May 22, 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.
Investment Insights
Based on property information with market context.
The property is located at 739 S Rosemont Road in Virginia Beach, Virginia (23452). Both units are currently tenant occupied on month-to-month leases, and the seller indicates the tenants have been long time and pay on time.
Operationally, each unit’s identical layout and side-by-side configuration can simplify ongoing maintenance and management. Please refer to the available rent roll for current income details, and confirm all information with the seller during due diligence.
Key Highlights
- Duplex built in 1999 (739 and 741 S Rosemont) with waterfront feature listed as “Waterfront.”
- Both units feature 2 bedrooms and 1.5 bathrooms with an identical side‑by‑side layout.
- Shingle roof reported in good shape.
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 | $42.4k | $19.80 |
| − Vacancy | −$1.9k | −$0.89 |
| EGI | $40.5k | $18.91 |
| − OpEx | −$12.2k | −$5.67 |
| NOI | $28.4k | $13.24 |
