About 316 16th St
Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.
Features of 316 16th St
| MLS® # | 10652121 |
|---|---|
| Price | $995,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,946 |
| Year Built | 1940 |
| Type | Multi Family Residential |
| Sub-Type | Triplex |
| Style | Over/Under |
| Status | Active |
Community Information
| Address | 316 16th St |
|---|---|
| Area | Northeast Virginia Beach |
| Subdivision | BEACH BOROUGH |
| City | Virginia Beach |
| State | Virginia |
| Zip Code | 23451 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | Not Waterfront |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Exterior | Vinyl, Wood |
|---|---|
| Roof | Asphalt Shingle |
| Foundation | Crawl |
School Information
| Elementary | W.T. Cooke Elementary |
|---|---|
| Middle | Virginia Beach Middle |
| High | First Colonial |
Additional Information
| Days on Market | 11 |
|---|---|
| Zoning | A12 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Iron Valley Real Est Norfolk |
|---|
