315 48th Street, Newport News, VA 23607

Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
#1
315 48th Street,Newport News, VA 23607
$115,000
  • 2 Beds
  • 2 Baths
  • 957 sq. ft.
  • Single family
  • Pending
Listed by:joan small
Office:profound property group llc
MLS#:10593882
Source:VA_REIN

Price summary

  • Price:$115,000
  • Price per sq. ft.:$120.17

About this home

This property in Newport News presents a fantastic opportunity to fix and flip for quick return or add to your rental portfolio. The home has been vacant for three years and requires a full cosmetic rehab, along with a new roof and HVAC system. With a projected rent of $1,650/month (per Rent-O-Meter), there's strong cash flow potential post-renovation. Conveniently located near I-664 and I-64, the home offers quick access to the Peninsula Town Center, Jefferson Commons, and major shopping corridors. With the right updates, this property can deliver a solid return!

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Home facts

  • Year built:1985
  • Listing Id #:10593882
  • Updated:July 24, 2025 at 09:53 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:957 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1985
  • Building area:957 sq. ft.
  • Lot area:0.06 Acres

Schools

  • High school:Heritage
  • Middle school:B.T. Washington Middle
  • Elementary school:Riverside Elementary

Utilities

  • Water:City/County, Water Heater - Electric
  • Sewer:City/County

Finances and disclosures

  • Price:$115,000
  • Price per sq. ft.:$120.17
  • Tax amount:$1,733
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