526 Whites Mill Road

    Abingdon, VA 24210
    • $1,400,000
    • STATUS: Active Under Contract
    • ON SITE: 308 days
    • MLS #: 414016
    Under Contract
    UPDATED: 36 min ago
    $1,400,000
    • 0
      BEDS
    • 1.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    GREAT INVESTMENT OPPORTUNITY ON 33 UNIT APARTMENTS, 16 TOWNHOUSE STYLE UNITS THAT RENTS FOR $525.00 PER MONTH, 6 ONE BEDROOM UNITS THAT RENTS $425.00 PER MONTH, AND 11 EFFICIENCY UNITS THAT RENTS FOR $375.00 PER MONTH. INCOME IS BASED ON ALL UNITS BEING RENTED. EXPENSES ARE ESTIMATE AT 30% OF INCOME. COMMON AREA FOR LAUNDRY.

    Monthly Payment Calculator



    © 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: 2019-08-24T22:59:50.89.
    www.conservusrealestategroup.com/homes/88700452

    526 Whites Mill Road Abingdon, VA 24210

    • Price: $1,400,000
    • Status: Active Under Contract
    • Updated: 36 min ago
    • MLS #: 414016
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.98
    Acres
    1979
    Built
    Neighborhood:
    Abingdon
    County:
    Washington-Va
    Area:
    Abingdon
    Elementary School:
    Greendale
    Middle School:
    E. B. Stanley
    High School:
    Abingdon
    Property Description
    GREAT INVESTMENT OPPORTUNITY ON 33 UNIT APARTMENTS, 16 TOWNHOUSE STYLE UNITS THAT RENTS FOR $525.00 PER MONTH, 6 ONE BEDROOM UNITS THAT RENTS $425.00 PER MONTH, AND 11 EFFICIENCY UNITS THAT RENTS FOR $375.00 PER MONTH. INCOME IS BASED ON ALL UNITS BEING RENTED. EXPENSES ARE ESTIMATE AT 30% OF INCOME. COMMON AREA FOR LAUNDRY.
    Exterior Features

    Exterior Finish Brick Roof Composition Shingle Style 2 StoryDuplexOther See Remarks

    Interior Features

    Appliances RangeRefrigerator Cooling Central Flooring CarpetVinyl Heating Electric Unit1 Baths 17 Unit1 Bedrooms 1 Unit1 Half Baths 0 Unit1 Sq Ft 25728 Unit2 Baths 32 Unit2 Bedrooms 2 Unit2 Sq Ft 15744 Walls Drywall

    Property Features

    Building1 Units 17 Building2 Units 16 Contingent Upon Financing Easements None Financing CashConventional Foreclosure YN No Gross Income 175900 Info Available Other See Remarks Lot Size Dimensions 1.98 ACRES Multifamily Type Apt. Complex Net Income 123124 Possession At Close Tax Amount 3327.8 Tax Town County 7487.55 Unit1 Rent 425 Unit2 Rent 525 Water And Sewer Sewer-PublicWater-Public Zoning R3

    Listing information © 2019 Tennessee/Virginia Regional MLS.
    Listing provided courtesy of Ralph Johnson of Meade Realty.



    © 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: 2019-08-24T22:59:50.89.
     
    Conservus Real Estate Group
    402 East Main Street
    Kingsport TN, 37660