116 Franklin Street
Suffolk,
VA
23434
Property Details
List Price: |
$699,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
1st Class Real Estate Integrity |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1880 |
Notes: |
The historical Causey-Kendrick house, a FIVE-unit building, is currently being rented as FURNISHED mid-term rentals. Includes 4 -1bd/1 ba units (rent for $1300/mo. each) and one large (1600 sq ft) 3bd/1ba unit (rents for $2000/mo). All five units have been renovated since 2019, and some upgrades include ALL NEW WINDOWS, exterior paint, new flooring throughout, central HVAC in the largest unit, and new <br />
countertops, cabinets, and appliances. 2 newly renovated units were added in 2024. The building includes shared laundry (possible additional income stream if added coin-laundry) and an all-brick carriage house being sold as-is. The carriage house is also possible additional income to be used as rentable storage or renovated to add units. All furnishings can convey. Building is 100% occupied. Rent includes electric, water, and internet. 30 day minimum stays. |
MlsNumber: |
10515898 |
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Listing Provided By: |
1st Class Real Estate Integrity, original listing |
Name: |
1st Class Real Estate Integrity |
Phone: |
(757) 320-0985 |
Office Name: |
1st Class Real Estate Integrity |
Office Phone: |
(757) 320-0985 |
Agent Name: |
Leslie Martin |
Disclaimer: |
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