126 Chestnut St Suffolk, VA 23434
Downtown Suffolk NeighborhoodEstimated payment $1,772/month
Highlights
- Very Popular Property
- No HOA
- 2 Car Detached Garage
- Victorian Architecture
- Forced Air Heating and Cooling System
- Wood Siding
About This Home
Investor special portfolio of income-producing rental/multifamily properties located in Suffolk. This offering includes multiple stabilized rental units with strong cash flow and long term upside. Properties may be purchased individually, in select combinations, or as a complete portfolio. Ideal opportunity for investors seeking immediate income with potential for value enhancement through improved management or renovations. Rent rolls and additional financial details available upon request. Please allow proper notice for tenant occupied properties. Call agent for details.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,402
Year Built
- Built in 1890
Lot Details
- 5,227 Sq Ft Lot
Home Design
- Victorian Architecture
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3,900 Sq Ft Home
- 2-Story Property
- Carpet
- Crawl Space
- Electric Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Detached Garage
- Driveway
Schools
- Elephant's Fork Elementary School
- John F. Kennedy Middle School
- Kings Fork High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Old Town Suffolk Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,852 | $204,400 | $42,000 | $162,400 |
| 2024 | $2,852 | $196,900 | $42,000 | $154,900 |
| 2023 | $2,707 | $190,500 | $40,000 | $150,500 |
| 2022 | $1,880 | $157,300 | $28,600 | $128,700 |
| 2021 | $1,842 | $151,600 | $22,900 | $128,700 |
| 2020 | $1,816 | $149,500 | $20,800 | $128,700 |
| 2019 | $1,816 | $149,500 | $20,800 | $128,700 |
| 2018 | $1,979 | $154,300 | $20,800 | $133,500 |
| 2017 | $1,813 | $154,300 | $20,800 | $133,500 |
| 2016 | $1,813 | $154,300 | $20,800 | $133,500 |
| 2015 | $974 | $154,300 | $20,800 | $133,500 |
| 2014 | $974 | $154,300 | $20,800 | $133,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | For Sale | $300,000 | -- | $77 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available |
Source: Real Estate Information Network (REIN)
MLS Number: 10614624
APN: 352786000
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