Available
$160,000(ARV: $220,000)73% of ARV

Virginia Beach City, Virginia Beach, VA 23452

2 bd1 ba1,021 sfBuilt 1983

3 days ago

Gross spread$60,000

Description

VIRGINIA BEACH, VA FIX & FLIP / BUY & HOLD OPPORTUNITY | LIGHT VALUE-ADD | HOA COMMUNITY Location: Virginia Beach, VA 23452Asking Price: $160,000Estimated ARV: $210,000 - $220,000Closing: September 3, 2026 Solid value-add opportunity in Virginia Beach featuring a 2-bedroom, 1-bath home with a manageable renovation scope and several major systems already in good standing. At a $160K entry point, this property offers a straightforward path for a cosmetic flip or long-term rental. Property Snapshot 2 Bedrooms | 1 Bathroom 1,021 SQFT Living Area Built in 1983 HOA Community Property Highlights HVAC approximately 4-5 years old No known roof leaks No known foundation issues No known electrical issues Previous plumbing issue repaired Deck structurally reinforced approximately 5 years ago Rehab Needed Interior paint Carpet / flooring Kitchen cabinets & countertops Cosmetic bathroom update Deck board replacement Water heater due to age, buyer to verify The property is being sold as-is with a primarily cosmetic renovation profile. Major structural issues have not been reported, while the HVAC is approximately 4-5 years old and a previous plumbing issue has already been repaired. Buyer to verify all systems, HOA information, property condition, and renovation scope during due diligence. Comparable Sales 446 Abbotsleigh Ct - $205,000 2990 Saint Albans Cmn - $207,000 413 Nottinghill Park - $194,000 413 Turnbridge Close - $187,500 Why This Deal Works Affordable $160K entry point Manageable cosmetic renovation scope Several major systems already addressed or reported functional Recent comparable sales support the resale potential Strong fit for a fix & flip or long-term rental strategy Investor Terms Sold as-is Cash buyers preferred Buyer to perform due diligence Closing: September 3, 2026 SUBMIT YOUR HIGHEST & BEST OFFER!

$/sqft vs market

This deal$157/sqft
Market median$267/sqft
Difference41% below

Median of 16 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms1
Square feet1,021
Lot size13,068 sf
Year built1983
ConditionLight Rehab
OccupancyVacant
ParkingDriveway

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing61
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