$612,500
422 SPURGEON Lane 1-14
Bristol, VA 24201
MLS# 323823
Status: Closed



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Property Description
14 UNIT APRTMENT COMPLEX TO BE RENTED AT $500 A MONTH-LISTING BROKER IS ACTIVELY SEEKING TENANTS AND WILL MANAGE PROPERTY UNTIL CLOSING. 6 UNITS ON SPURGEON LANE HAVE UNFINISHED BASEMENTS. 8 UNITS ON HILL DRIVE HAVE CRAWL SPACES. ALL UNITS ARE VACANT AT LISTING DATE. GROSS AND NET INCOME ARE BASED ON FULL RENTAL AT $500 PER MONTH WITH OWNER AS MANAGER.

Details
Maps
Location, Tax & Legal Info
Unit #: 1-14
Parcel ID: 337-9 1-14
City Taxes: 8634
County Taxes: 0
Contract Info
Foreclosure: Yes
Short Sale: No
Status: Closed
Listing Price: 699500
Current Price: $612,500
Listing Date: 2012-08-15
General Property Description
Lot Dimensions: 1.33
Acres: 1.33
Zoning: R2
# Buildings: 7
Elementary School: Stnwall Jackson
# of Units: 14
Middle School: Virginia
High School: Virginia
Stories: 2
Property Sub-Type: Multi Family
Year Built: 2005
Remarks & Misc
Directions: I-81 EXIT 1 INTO BRISTOL ON ROUTE 1381 TO COMMONWEALTH AVE. RIGHT ON RANDOLPH STREET-RIGHT ON SPURGEON LANE-PROPERTY ON LEFT ADJOINING SPURGEON AND HILL DRIVE.
Exterior Finish
Vinyl Siding: 1
Unit 1
# Units: 2
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 1
SqFt: 1105
Monthly Rent: 500
Unit 2
# Units: 2
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 1
SqFt: 1105
Monthly Rent: 500
Style
Duplex: 1
Roof
Composition: 1
Unit 3
# Units: 2
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Half Baths: 1
SqFt: 1105
Monthly Rent: 500
Levels
Two: 1
Unit 4
# Units: 2
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Half Baths: 1
SqFt: 1105
Monthly Rent: 500
Heating
Central: 1
Electric: 1
Heat Pump: 1
AC
Central Air: 1
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Flooring
Carpet: 1
Vinyl: 1
Easements
Special Drainage: 1
Parking Features
None: 1
Existing Finance
Conventional: 1
Porch/Patio/Deck
Deck: 1
Walls
Drywall: 1
Location Tax Legal Info
Street #: 422
Street Name: SPURGEON
St Suffix: Lane
County: None
State/Province: VA
Zip Code: 24201
Area: 101 - Bristol VA (City)
Status Change Info
Date Pending: 2012-10-25
Sold Date: 2012-11-27
Sold Price: $612,500
Property Features
Style: Duplex
Levels: Two
Exterior Finish: Vinyl Siding
Appliances: Dishwasher; Range; Refrigerator
Flooring: Carpet; Vinyl
Roof: Composition
Parking Features: None
Heating: Central; Electric; Heat Pump
Water: Public
Sewer: Public Sewer
AC: Central Air; Heat Pump
Walls: Drywall
Easements: Special Drainage
Existing Finance: Conventional

Listing Office: Owens & Company Real Estate

Last Updated: September - 26 - 2020

Information deemed reliable but not guaranteed.


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