Well-maintained townhome in the heart of Virginia Beach offering

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Townhome/Townhouse For Sale

5944 Margate Avenue

Virginia Beach, Virginia 23462

Community: LAKE EDWARD WEST

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$230,000 3 br, 2.0 bath 1260 sq. ft. 0.051 acres

Well-maintained townhome in the heart of Virginia Beach offering flexibility for owner-occupants or investors. 2025 updates include new HVAC, fresh interior paint, LVP flooring first floor only, updated lower cabinetry, lighting, and ceiling fans. Currently tenant-occupied at $1,700/month with lease transitioning to month-to-month May 1, providing immediate income or future occupancy options. Centrally located with convenient access to interstates, shopping, dining, and entertainment. Excellent military accessibility, approximately 20/25 minutes to NAS Oceana and 15/20 minutes to JEB Little Creek - Fort Story. Seller is open to carpet concessions with the acceptable offer. A solid opportunity in an established area with strong rental demand an dcommuter appeal.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1260
  • Year Built: 1977
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Heat Pump (Heating)
  • Garage: Driveway
Exterior:
  • Lot Size: 0.051 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick
  • Roof: Asphalt, Shingle
  • Property Taxes: $1,669
  • MLS #: 10621287
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Contact Information:
Beach Townhome/Townhouse For Sale in Virginia Beach, Virginia
Listing Agent: Cara Allen, Berkshire Hathaway HomeServices RW Towne Realty, 757-690-0439, 757-690-0439 Listing Site, Listing Status: Active
Copyright © 2026 Real Estate Information Network, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7340494
Viewed 22 times.
Updated: Mar 02, 2026

This property is a Townhome/Townhouse located at 5944 Margate Avenue, Virginia Beach, Virginia 23462, and is currently For Sale at $230,000. This Townhome/Townhouse has 3 bedrooms, 2.0 baths, 1260 sq ft.