$1,975,000
Abingdon, VA 24210
MLS# 379213
Status: Closed
1 / 8
Property Description
38 TOWN HOUSE APARTMENTS EACH FEATURING TWO BEDROOMS, ONE AND ONE HALF BATHS, LIVING ROOM, KITCHEN AND DINING AREA. HOOK UPS FOR WASHER AND DRYER ON MAIN LEVEL. GROSS INCOME BASED ON ALL UNITS BEING RENTED. EXPENSES BASED ON 25% OF GROSS INCOME. GREAT INVESTMENT OPPORTUNITY. UNITS LOCATED NEAR COMMUNITY COLLEGE, AND DOWN TOWN ABINGDON.
Details
Maps
Location, Tax & Legal Info
Lot #: 29
Unit #: 38
Parcel ID: 104-9-29
Deed Book #: 28432
Deed Page #: 1
City Taxes: 5796.44
County Taxes: 13039.74
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 2200000
Current Price: $1,975,000
Listing Date: 2016-06-22
General Property Description
Lot Dimensions: 2.637 ACRES
Acres: 2.63
Zoning: R3
# Buildings: 3
Elementary School: Abingdon
# of Units: 38
Middle School: E. B. Stanley
High School: Abingdon
Stories: 2
# Fireplaces: 0
Property Sub-Type: Multi Family
Year Built: 2003
Remarks & Misc
Directions: FROM EXIT 14 OF INTERSTATE 81 GO NORTH ON OLD JONESBORO ROAD TO MAIN STREET, RIGHT ONMAIN STREET TO COLONIAL ROAD, RIGHT ON COLONIAL ROAD TO STONE MILL ROAD, RIGHT ON STONE MILL ROAD TO HALLOCK DRIVE, APARTMENTS LOCATED AT END OF STREET.
Income and Expenses
Net Annual Income: 174150
Gross Annual Income: 232200
Exterior Finish
Vinyl Siding: 1
Unit 1
# Units: 38
Style
Townhouse: 1
Roof
Composition: 1
Levels
Two: 1
Window Features
Insulated Windows: 1
Interior Features
Other: 1
See Remarks: 1
Heating
Electric: 1
Heat Pump: 1
AC
Central Air: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Dishwasher: 1
Disposal: 1
Range: 1
Refrigerator: 1
Flooring
Carpet: 1
Vinyl: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Parking Features
None: 1
Existing Finance
Conventional: 1
Walls
Drywall: 1
Location Tax Legal Info
Street #: 265
Street Name: HALLOCK
St Suffix: Drive
County: Washington
State/Province: VA
Zip Code: 24210
Area: 500 - Abingdon
Status Change Info
Date Pending: 2018-03-01
Sold Date: 2018-05-10
Sold Price: $1,975,000
Property Features
Style: Townhouse
Levels: Two
Exterior Finish: Vinyl Siding
Interior Features: Other; See Remarks
Appliances: Dishwasher; Disposal; Range; Refrigerator
Flooring: Carpet; Vinyl
Roof: Composition
Parking Features: None
Heating: Electric; Heat Pump
Water: Public
Window Features: Insulated Windows
Sewer: Public Sewer
AC: Central Air
Walls: Drywall
Easements: None
Financing: Cash; Conventional
Existing Finance: Conventional
Listing Office: MEADE REALTY
Last Updated: September - 26 - 2020
Information deemed reliable but not guaranteed.