4BR Home in Norfolk , VA

About This Property

Subject-To Opportunity | 3.875% VA Loan | Norfolk, VA 3557 Gatling Avenue, Norfolk, VA 23502 Great opportunity for an investor looking to acquire a single-family property with favorable existing financing through a subject-to transaction. This 4-bedroom, 2-bath home offers approximately 1,650 square feet of living space on a spacious 9,199-square-foot lot. Located in Norfolk's Hampton Roads market, the property offers potential as a long-term rental, investment property, or future resale. Property & Financing Details Asking Price: $445,000 (Negotiable) Existing Mortgage Balance: Approximately Contact for details Interest Rate: 3.875% fixed VA loan Monthly Approximately Contact for details Estimated Equity: Contact for details before transaction costs Bedrooms/Bathrooms: 4 bed / 2 bath Living Area: Approximately 1,650 sq. ft. Lot Size: Approximately 9,199 sq. ft. Occupancy: Vacant Estimated Market Rent: Contact for details–Contact for details/month Creative Financing Opportunity Seller is open to discussing a subject-to arrangement, allowing a qualified buyer to acquire the property while keeping the existing 3.875% VA mortgage in place, mutually agreed terms. Open to discussing a reasonable upfront equity payment with the remaining seller equity structured through a secured seller-financing agreement. Property needs approximately Contact for details–Contact for details in repairs and improvements, based on a preliminary walkthrough. Seller is willing to discuss an as-is transaction. Ideal Buyer Looking for an experienced, financially capable investor who understands subject-to transactions, can provide proof of funds, and is prepared to work with a qualified title company or real estate attorney to structure a transparent transaction. Motivated seller due to relocation. Open to reasonable offers and creative structures. Serious inquiries welcome. Please include your proposed upfront payment, seller-equity terms, and expected closing timeline.

Features & Highlights