717 Redgate Avenue

💰 Deal Terms

 • Mortgage Balance: $366,745 @ 3.25%

 • Monthly PITI: $2,750

 • Entry: $35,000 + Closing Costs

 • Seller Balloon (7 Years): $13,015 | $155/month

 • All-In Monthly Payment: $2,905

 • No HOA

🏡 Property Details

 • 5 Beds / 3.5 Baths

 • 3,015 Sq. Ft.

 • Built in 1902

 • ARV: $600,000

 • Property needs renovation and is being sold as-is

💼 Great Investment Opportunity

 • Strong potential for co-living, room rentals, or mid-term furnished rentals

 • Spacious three-story layout with a full basement

 • Located in the desirable Ghent neighborhood

 • Close to EVMS, Sentara Norfolk General Hospital, and Downtown Norfolk

 • Strong potential demand from medical professionals, students, and traveling nurses