$599,000
$629,900
4.9%For more information regarding the value of a property, please contact us for a free consultation.
1207 Cypress AVE Virginia Beach, VA 23451
1,600 SqFt
Key Details
Sold Price $599,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $374
Subdivision Lakewood - 142
MLS Listing ID 10612176
Sold Date 02/23/26
Style Side by Side
HOA Y/N No
Year Built 1970
Annual Tax Amount $3,800
Lot Size 1600.000 Acres
Property Sub-Type Duplex
Property Description
Great duplex opportunity with large yards located in the highly desirable Shadowlawn/Lakewood area of the Oceanfront. This property features solid construction and a functional layout with two separate units, each offering two bedrooms and one bathroom. Ideal for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a value-add opportunity. The property is being sold 100% as-is, where-is, with no repairs by the seller. In addition to its income potential, this property also represents an excellent land investment. The lot allows for redevelopment into a larger duplex, with the potential to build two approximately 2,300-square-foot homes. Whether you choose to renovate the existing structure for a turnkey rental or develop a custom duplex, the possibilities are strong. Conveniently located near the Oceanfront, dining, shopping, and bases. Call today for details.
Location
State VA
County Virginia Beach
Area 43 - Northeast Virginia Beach
Zoning R5D
Interior
Hot Water Electric
Exterior
Fence Picket
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Accessibility Level Flooring
Building
Foundation Slab
Sewer City/County
Water City/County
Schools
Elementary Schools W.T. Cooke Elementary
Middle Schools Virginia Beach Middle
High Schools Frank W. Cox
Others
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
Read Less
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