2911 CHESTNUT AVE

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2911 CHESTNUT AVE

NEWPORT NEWS, VA 23607-4223
Asking Price
$10K
Asset Type
Residential Land
Class
Class B

What's Special

Infill Residential Lot Opportunity with Seller Financing Available <ul><li>​Vacant, buildable residential infill lot located in an established Newport News neighborhood</li><li>​Surrounded by existing single-family homes with strong long-term residential stability</li><li>​Ideal for new construction, spec build, or long-term land banking strategy</li><li>​Low-entry acquisition opportunity for investors seeking affordable infill land</li><li>​<strong>Seller financing available to investors and non-owner occupants with sizable down payment</strong></li><li>​Flexi

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NOI
$80,000
Cap Rate
800.00%
DSCR
134.75
Strong
Cash-on-Cash
2646.88%
Monthly Payment
$49.475
Annual Cash Flow
$79,406.305

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