$1,275,000
Abingdon, VA 24210
MLS# 366065
Status: Closed
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Property Description
Priced below Tax Assessment! This is a dream investment property with phenomenal potential. 36 well maintained, apartments split between three brick buildings and two duplexes in the back of the property. The property includes 24 two bedroom units and 12 one bedroom units. Call today to schedule an appointment to see this fantastic property.
Details
Maps
Location, Tax & Legal Info
Unit #: 36
Parcel ID: 014 14 3 001266
Deed Book #: 06000615
Deed Page #: 0
City Taxes: 4211.48
County Taxes: 9475
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 1450000
Current Price: $1,275,000
Listing Date: 2015-07-31
General Property Description
Lot Dimensions: See Acreage
Acres: 1.6
Zoning: NA
# Buildings: 5
Elementary School: Watauga
# of Units: 36
Middle School: E. B. Stanley
High School: Abingdon
Stories: 2
Property Sub-Type: Multi Family
Year Built: 1979
Remarks & Misc
Directions: FROM I81 NORTH, TAKE EXIT 19; TRAVEL 1.5 MILES; TURN LEFT ONTO TRIGG STREET; TRAVEL .3 MILES; TURN right ONTO NICHOLAS STREET; property is on the right.
Property Condition
Average: 1
Income and Expenses
Net Annual Income: 144000
Gross Annual Income: 188000
Exterior Finish
Brick: 1
Unit 1
# Units: 14
# Rooms: 51
# Bedrooms: 23
# Bathrooms: 14
SqFt: 10800
Monthly Rent: 5800
Unit 2
# Units: 8
# Rooms: 32
# Bedrooms: 16
# Bathrooms: 8
SqFt: 7200
Monthly Rent: 3625
Unit 3
# Units: 10
# Rooms: 36
# Bedrooms: 18
# Bathrooms: 10
SqFt: 8280
Monthly Rent: 4300
Levels
Two: 1
Unit 4
# Units: 4
# Rooms: 16
# Bedrooms: 8
# Bathrooms: 4
SqFt: 3180
Monthly Rent: 2000
Window Features
Insulated Windows: 1
Interior Features
Eat-in Kitchen: 1
Laminate Counters: 1
AC
Wall Unit(s): 1
Utilities
Cable Available: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Easements
None: 1
Parking Features
Asphalt: 1
Location Tax Legal Info
Street #: 471-499
Street Name: Nicholas
St Suffix: Street
County: Washington
State/Province: VA
Zip Code: 24210
Area: 501 - Washington VA
Status Change Info
Date Pending: 2015-07-31
Sold Date: 2015-09-01
Sold Price: $1,275,000
Property Features
Property Condition: Average
Levels: Two
Exterior Finish: Brick
Interior Features: Eat-in Kitchen; Laminate Counters
Parking Features: Asphalt
Laundry Features: Electric Dryer Hookup; Washer Hookup
Window Features: Insulated Windows
AC: Wall Unit(s)
Utilities: Cable Available
Easements: None
Listing Office: REALTY EXECUTIVES BRISTOL
Last Updated: September - 26 - 2020
Information deemed reliable but not guaranteed.