600 74th Street #12, Newport News, VA 23605

Newport News
Local realty services provided by:ERA Real Estate Professionals
600 74th Street #12,Newport News, VA 23605
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: baylee wang
Office: real property management pen
MLS#:10596064
Source:VA_REIN

Price summary

  • Price:$1,500,000

About this home

Fully leased-This updated 12-unit multifamily property offers a rare combination of immediate income, extensive recent upgrades, and long-term value. With a strong rental history and five stable Section 8 tenants, investors can enjoy consistent returns from day one. 1031 Exchange Key Highlights & Upgrades: 10 units featuring brand new kitchens and bathrooms All 12 units are equipped with brand new HVAC systems (2025) 8 units with new water heaters 10 units with new carpet for a modern, refreshed feel Freshly painted and enhanced stairs and walkways (2024) Major building systems updated, including main pipeline replacement (2022) Parking lot resurfaced and fencing installed (2022), improving overall safety and aesthetics On-site security system for added peace of mind

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Home facts

  • Year built:1966
  • Listing ID #:10596064
  • Updated:August 21, 2026 at 09:24 AM

Rooms and interior

  • Flooring:Carpet, Laminate/LVP
  • Kitchen Description:1 Range(s), 1 Refrigerator(s)

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Hot Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1966
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Heritage
  • Middle school:Crittenden Middle
  • Elementary school:Carver Elementary

Utilities

  • Water:City Water, Water Heater - Gas
  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$8,732

Parking

  • Parking description:Assigned/Reserved, Lot
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