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Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,176 sqft
Price per Sqft $74
MLS Listing ID VAWR2005696
Sold Date 06/14/23
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $5,546
Tax Year 2022
Lot Size 0.267 Acres
Acres 0.27
Property Description
Fully occupied - Incredible investment opportunity on vibrant Main St. This building consists of 10 apartments and a commercial space on the main level. The apartments consist of (8) one-bedroom units, (1) two-bedroom unit and (1) efficiency. The commercial space lends itself well to both retail and office uses with front and rear entrances and 2 bathrooms. Hard to find rear parking lot consisting of 7 spaces. Beyond the property is a public parking lot. Landlord provides water/sewer to the entire building and electricity for 3 apartments, all other units separately metered. Low turnover with many tenants having occupied for several years. Do not disturb the tenants.
Location
State VA
County Warren
Zoning C2
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 7.0
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 7
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Warren County Public Schools
Others
Tax ID 20A7 4 32
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard, Other
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Bought with Non Member • Non Subscribing Office