1931 Lovers Gap Road , N/A

    Vansant, VA 24656
    • $599,900
    • STATUS: Active
    • ON SITE: 107 days
    • MLS #: 416079
    UPDATED: 15 min ago
    $599,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    Investors!!! If you're looking for an investment where you can walk straight in and start earning, at the very least, a 12% cap rate, then look no further ... This is the property you've been waiting for! Consisting of 3 Single Family Residential Dwellings, and 2 Commercial Buildings. Each of the residential properties have long term tenants, along with a waiting list. The 2 Commercial Buildings are GSA (Government Services Approved). One building is the US Post Office, which has been a tenant for decades. Building #2 has 4 large office spaces that are 2,000 square feet each. Most all of the big ticket items have already been done to each of these properties in the last 36 months, including ... new metal roofs and heatpumps. Some have new kitchens, new windows, and new decks. The addresses are 1893, 1903, 1909, 1911, 1931, and 1941 Lovers Gap Road. All information is deemed reliable, but should be verified by Buyer/Buyer's Agent. Call listing agent for more information!!!

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    © 2019 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2019-04-19T14:59:54.967.
    www.conservusrealestategroup.com/homes/90522561

    1931 Lovers Gap Road , N/A Vansant, VA 24656

    • Price: $599,900
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 416079
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Abingdon
    County:
    Buchanan
    Area:
    Abingdon
    Property Description
    Investors!!! If you're looking for an investment where you can walk straight in and start earning, at the very least, a 12% cap rate, then look no further ... This is the property you've been waiting for! Consisting of 3 Single Family Residential Dwellings, and 2 Commercial Buildings. Each of the residential properties have long term tenants, along with a waiting list. The 2 Commercial Buildings are GSA (Government Services Approved). One building is the US Post Office, which has been a tenant for decades. Building #2 has 4 large office spaces that are 2,000 square feet each. Most all of the big ticket items have already been done to each of these properties in the last 36 months, including ... new metal roofs and heatpumps. Some have new kitchens, new windows, and new decks. The addresses are 1893, 1903, 1909, 1911, 1931, and 1941 Lovers Gap Road. All information is deemed reliable, but should be verified by Buyer/Buyer's Agent. Call listing agent for more information!!!
    Exterior Features

    Development Status FinishedOther See Remarks Exterior Finish Brick Lot Size Dimensions See Remarks Road Access CityCounty Roof Metal

    Interior Features

    Cooling CentralHeat Pump Equipment Additional Building(S)Handicap AccessOther See RemarksSmoke Detector(S) Heating CentralHeat Pump Sq Ft Finished 16450 Sq Ft Unfinished 0

    Property Features

    Business Type Business ServiceGeneral OfficeProfessionalResidential Easements Other See Remarks Electric Service Other See Remarks Financing CashConventionalOther See Remarks Foreclosure YN No Info Available Profit/Loss StatementRental Roles Possession Other See Remarks Property Condition Above Avg Restrictions Other See Remarks Sale Includes Fee Simple Tax Amount 0 Tax Town County 3528 Water And Sewer Sewer-PublicSewer-SepticWater-Public Zoning Comm - Res - Mf

    Listing information © 2019 Tennessee/Virginia Regional MLS.
    Listing provided courtesy of Elaine Crawford of Kw Johnson City.



    © 2019 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2019-04-19T14:59:54.967.
     
    Conservus Real Estate Group
    402 East Main Street
    Kingsport TN, 37660