100 6th ST, New Castle, VA 24127
$805,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
104,544
Status:
Closed
Current Price:
$805,000
List Date:
7/14/2015
Last Modified:
12/27/2024
Description
24 units in New Castle, Virginia. Built in 1993. Strong rental history. Features three garden buildings with eight spacious 2-bedroom/1-bath units each. Each unit includes washer/dryer hook-ups, large living room, and private balcony. All utilities separately metered. Current rents average $440. Manager’s leasing office could easily become 25th unit. Excess land for additional expansion.
More Information MLS# 817266
Contract Information
Current Price: $805,000
Sold Price: $805,000
List Date: 2015-07-14
Status: Closed
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1993
Present Use: Built-As
Number of Units: 24
# Unfurnished: 24
# Leased Units: 23
Gross Bldg SQFT: 20064
Lot Dimensions: 323 X 323
Total Acreage: 2.4
Basement Y/N: No
Parking Description: Private (10 or More)
# Vehicle Spaces: 30
Operating Expense: 47406
Net Operating Income: 66787
Gross Income: 126880
Water Class: N/A
Location Legal Taxes
Area: 0800 - Craig County
Street Number: 100
Street Name: 6th
Street Suffix: ST
State/Province: VA
Zip Code: 24127
Subdivision: N/A
Municipality: Craig County
Elementary School: Mccleary
Middle School: Craig County Middle
High School: Craig County
Status Change Info
Ratified Contract Dt: 2015-08-19
Sold Date: 2015-11-18
Sold Price: $805,000
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Basement: Slab
Heating: Baseboard Electric
Cooling: Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Lawn Care; Management Fee; Trash Disposal
Misc Features: Stream
Views: Mountain(s); River
Tenant Expenses: Electricity
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 27 - 2024
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