Portsmouth, VA 23707,503 Lancaster AVE
Portsmouth, VA 23707,503 Lancaster AVE
Portsmouth, VA 23707,503 Lancaster AVE
Portsmouth, VA 23707,503 Lancaster AVE
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$135,000

$125,000

8.0%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

949 SqFt


SOLD DATE : 03/10/2025

Key Details

Sold Price $135,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 949 sqft

Price per Sqft $142

Subdivision Westhaven

MLS Listing ID 10571274

Sold Date 03/10/25

Style Ranch

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1979

Annual Tax Amount $2,158

Property Sub-Type Detached

Property Description

Attention Investors! This 2-bedroom, 1-bath ranch home, built in 1979, offers significant potential with some updates. Situated on a corner lot in an established neighborhood, the property is currently occupied by a long-term tenant eager to extend their lease post-sale, ensuring immediate rental income. Conveniently located near City Park, interstates, restaurants, and shopping, this home is an excellent opportunity to expand your investment portfolio. This home could also offer a lot of potential to a buyer looking to buy, renovate and create their own dream home with instant equity.

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning URH

Rooms

Other Rooms 1st Floor Primary BR, Attic, Breakfast Area

Interior

Interior Features Pull Down Attic Stairs

Hot Water Electric

Heating Basebd

Cooling Window/Wall

Flooring Carpet, Laminate/LVP

Equipment Cable Hookup, Ceiling Fan

Appliance Dryer Hookup, Elec Range, Refrigerator, Washer Hookup

Exterior

Exterior Feature Corner, Storage Shed

Parking Features Driveway Spc

Fence Back Fenced

Pool No Pool

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Story 1.0000

Foundation Slab

Sewer City/County

Water None

Schools

Elementary Schools Westhaven Elementary

Middle Schools William E. Waters Middle

High Schools Manor High

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, Related to Seller

Special Listing Condition Disclosure Statement, Related to Seller

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Megan Luker VA Beach Realtor

Megan Luker VA Beach Realtor

+1(757) 703-1590

Our team is ready to help you sell your home for the highest possible price ASAP


Real Estate Information Network (REIN)
Listed by Keller Williams Realty Town Center
Bought with Prodigy Realty

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Megan Luker VA Beach Realtor

Agent | License ID: 0225059353

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