#11 • Lot 11 - 264 Copeland Rd., Suffolk, VA
Part of Sept. 2nd. 2026 - Sept. 16th, 2026 - Multi-Parcel Private Auction (timed auction by Virginia Auction Company)
High bid $168,100.00
Status: Sold
RARE TURN-KEY INVESTMENT OPPORTUNITY IN SUFFOLK! 264 Copeland Rd., Suffolk, VA 23434 Welcome to a truly effortless, income-generating gem in the heart of Suffolk! Whether you are a seasoned investor looking to expand your portfolio or a buyer seeking a rock-solid, passive revenue stream from day one, 264 Copeland Rd. presents an unbeatable, high-yield opportunity. This charming single-family residence boasts 3 spacious bedrooms, 1.5 baths, and ~1,392 square feet of functional, comfortable living space situated on a beautiful ~0.15-acre lot. Why Investors Will Love This Property: Gold-Standard Tenants: Enjoy absolute peace of mind! Tenant occupied by phenomenal, reliable, long-term residents (8+ years) with an impeccable, trouble-free history. Immediate, Frictionless Cash Flow: Start collecting rental income the exact moment you close—no vacancy gaps, no tenant search, and zero upfront turnover costs. Zero HOA Restrictions: Enjoy total ownership control with absolutely no homeowner association fees, dues, or restrictive covenants cutting into your profits. Strong Rental Demand Area: Positioned in a high-demand residential corridor, ensuring enduring property value and long-term appreciation. Prime Location & Unmatched Local Amenities: Unbeatable Accessibility: Conveniently situated near major transportation corridors, including Route 58, Route 13, and Carolina Road (Route 32), offering effortless commutes across Suffolk, Chesapeake, Norfolk, and the greater Hampton Roads region. Minutes from Historic Downtown Suffolk: Enjoy nearby access to vibrant local dining, boutique shopping, medical centers, and top daily conveniences along major commercial hubs. Parks & Outdoor Recreation: Just short drives away from pristine local parks, scenic trails, and popular water spots like Lake Meade and Lake Cahoon reservoirs for weekend relaxation. Desirable School Zone: Located within reach of Pioneer Elementary, Forest Glen Middle, and Lakeland High School. MANDATORY LEASE & PROPERTY DISCLAIMER Notice to Bidders: This property currently has a 1 year lease. The buyer must take over the lease in entirety for the remainder of the lease per the VA Residential Landlord and Tenant Act and Virginia contract law. Current tenants have been there long term (8+ years) with no issue.