2533 E Richmond Hwy

    GLADSTONE, VA 24553
    • $139,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 582983
    UPDATED: 42 min ago
    $139,000
    • 0
      BEDS
    • 2.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,078
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Multi-Family property with long rental history. This property consists of a total of 5 units (with potential for a 6th efficiency unit in the motel which was formerly the office). Formerly the Ridgecrest Motel has 4 - 1 BR units, rented for $380/each for years. Separate electric meters; Roof replaced June 2018; Shared well; The septic for the apartments is located on lot next door. Owner has paid for new windows across front of apartments. Cinderblock & Brick construction, on 1.38 acre parcel. Also included is a 3-BR single wide trailer-address is 129 Leisure Lane, currently rented for $375, on 1 acre parcel. Do the math-as it is now, annual gross income of $22,740. Investors, this is a great opportunity! Shown by appointment only-Must have

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    Listing information © 2018 Charlottesville Area Association of Realtors Multiple Listing Service. 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Strong Team REALTORS. Data last updated 2018-11-21T10:12:33.347.
    www.strongteamrealtors.com/homes/88999151

    2533 E Richmond Hwy GLADSTONE, VA 24553

    • Price: $139,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 582983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.38
    Acres
    3,078
    SQFT
    $45
    $/SQFT
    1954
    Built
    Neighborhood:
    None
    Area:
    Amherst
    Elementary School:
    Central (Amherst)
    Middle School:
    Amherst
    High School:
    Amherst
    Property Description
    Multi-Family property with long rental history. This property consists of a total of 5 units (with potential for a 6th efficiency unit in the motel which was formerly the office). Formerly the Ridgecrest Motel has 4 - 1 BR units, rented for $380/each for years. Separate electric meters; Roof replaced June 2018; Shared well; The septic for the apartments is located on lot next door. Owner has paid for new windows across front of apartments. Cinderblock & Brick construction, on 1.38 acre parcel. Also included is a 3-BR single wide trailer-address is 129 Leisure Lane, currently rented for $375, on 1 acre parcel. Do the math-as it is now, annual gross income of $22,740. Investors, this is a great opportunity! Shown by appointment only-Must have
    Exterior Features

    Access Public Road Foundation Concrete Block

    Interior Features

    Air Conditioning Window Unit(S) Heating Wall Unit Four Baths 1 Unit Four Beds 1 Unit Four Sq Ft 448 Unit Four Type 1 Bed Apt Unit Four Units 1 Unit One Baths 1 Unit One Beds 1 Unit One Sq Ft 448 Unit One Type 1 Bed Apt Unit One Units 1 Unit Three Baths 1 Unit Three Beds 1 Unit Three Sq Ft 448 Unit Three Type 1 Bed Apt Unit Three Units 1 Unit Two Baths 1 Unit Two Beds 1 Unit Two Sq Ft 448 Unit Two Type 1 Bed Apt Unit Two Units 1

    Property Features

    Assn Setup Transfer Fees 0 Green Features No Gross Rent 22740 Hoa YN No Lender Owned No New Construction No Other Income Mo 0 Over55 Community No Property Type 4+ Apts Road Maint 0 Sewer Septic Septic Tank Source Of Sq Ft Public Records Tax Year 2018 Taxes 700 Water Shared Well Zoning V1 Village

    Listing provided courtesy of Re/Max 1St Olympic.


    Listing information © 2018 Charlottesville Area Association of Realtors Multiple Listing Service. 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Strong Team REALTORS. Data last updated 2018-11-21T10:12:33.347.
     
    Strong Team REALTORS
    7 Par Ct.
    Palmyra VA, 22963