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Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
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205 Nolens Hill RD, Ferrum, VA 24088 (MLS# 882120)

205 Nolens Hill RD, Ferrum, VA 24088

$880,000
26 Unit Portfolio | Ferrum College 02-Rapid Imagery-7146 03-Rapid Imagery-7193 04-Rapid Imagery-7194 05-Rapid Imagery-7142 06-Rapid Imagery-7143 07-Rapid Imagery-7144 08-Rapid Imagery-7134 09-Rapid Imagery-7135 10-Rapid Imagery-7136 11-Rapid Imagery-7137 12-Rapid Imagery-7140 13-Rapid Imagery-7141 14-Rapid Imagery-7163 15-Rapid Imagery-7166 16-Rapid Imagery-7167 17-Rapid Imagery-7147 18-Rapid Imagery-7148 19-Rapid Imagery-7149 20-Rapid Imagery-7150 21-Rapid Imagery-7151 22-Rapid Imagery-7152 23-Rapid Imagery-7153 24-Rapid Imagery-7154 25-Rapid Imagery-7155 26-Rapid Imagery-7156 27-Rapid Imagery-7157 28-Rapid Imagery-7158 29-Rapid Imagery-7159 30-Rapid Imagery-7160 31-Rapid Imagery-7161 32-Rapid Imagery-7162 33-Rapid Imagery-7164 34-Rapid Imagery-7165 35-Rapid Imagery-7168 36-Rapid Imagery-7169 37-Rapid Imagery-7170 38-Rapid Imagery-7171 39-Rapid Imagery-7172 40-Rapid Imagery-7173 41-Rapid Imagery-7174 42-Rapid Imagery-7175 43-Rapid Imagery-7176 44-Rapid Imagery-7177 45-Rapid Imagery-7178 46-Rapid Imagery-7179 47-Rapid Imagery-7180 48-Rapid Imagery-7181 49-Rapid Imagery-7182 50-Rapid Imagery-7183 51-Rapid Imagery-7184 52-Rapid Imagery-7185 53-Rapid Imagery-7186 54-Rapid Imagery-7187 55-Rapid Imagery-7188 56-Rapid Imagery-7189 57-Rapid Imagery-7190 58-Rapid Imagery-7191 59-Rapid Imagery-7192 60-Roof 61-Roof
Property Type: MultiFamily Lot Size (sq. ft.): 130,680 Status: Closed
Current Price: $880,000 List Date: 7/20/2021 Last Modified: 9/26/2024

Overview

Listing Details MLS# 882120

Location, Tax & Legal

Area
0400 - Franklin County
Street Number
205
Street Name
Nolens Hill
Street Suffix
RD
State/Province
VA
Zip Code
24088
Subdivision
Village East
Municipality
Franklin County
Elementary School
Ferrum
Middle School
Ben Franklin Middle
High School
Franklin County
Major Area
04 - Franklin County
Phase
Yes
Lot
N/A
Block
N/A
Tax ID
4010003300
Annual Taxes
6360
Section
N/A
POA Y/N
No

General Property Description

Multi-Family Type
Apartments
Construction Status
Completed
Year Built
1970
Number of Units
26
# Leased Units
9
Gross Bldg SQFT
20000
Lot Dimensions
3
Total Acreage
3
Basement Y/N
No
Parking Description
Private (10 or More)
Operating Expense
58000
Net Operating Income
62000
Gross Income
135000
Water Class
N/A
# Furnished
0
# Unfurnished
0

Status Change Info

Ratified Contract Dt
2021-09-28
Sold Date
2021-11-05

Remarks & Misc

Directions
Located within 2 min of Ferrum College

Limited Service

Not Limited Service
Yes

More Information

Construction

Brick
Yes

Basement

Slab
Yes

Heating

Baseboard Electric
Yes
Forced Air Electric
Yes

Cooling

Heat Pump Electric
Yes
Window Unit(s)
Yes

Water Description

Public
Yes

Sewer Description

Public Sewer
Yes

Owner Expenses

Sewer
Yes
Water
Yes

Tenant Expenses

Electricity
Yes

Property Features

Limited Service: Not Limited Service Construction: Brick Basement: Slab Heating: Baseboard Electric; Forced Air Electric Cooling: Heat Pump Electric; Window Unit(s) Water Description: Public Sewer Description: Public Sewer Owner Expenses: Water Tenant Expenses: Electricity
Listing Office: WALKER REAL ESTATE SOLUTIONS
Last Updated: September - 26 - 2024
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

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Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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