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$1,550,000
0 CASSELL LN
Bedford, VA 24523
MLS# 802815



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Property Description
Sale includes 20 units total-10 buildings each w/2 townhouse units. All 20 units are 3BR-2ba. Ten units have full basements, 10 units are on slabs. Addresses are 1502 through 1521 Cassell Lane. The finished area per unit is 1452+/-Sq.ft. For 10 units with basements, basement is additional 810+/-Sq.ft. Note: Information obtained from Bedford GIS -BRING OFFERS

Details
Maps
General Property Description
Multi-Family Type: Other - See Remarks
Construction Status: Completed
Year Built: 2003
Present Use: Built-As
Number of Units: 20
# Unfurnished: 20
# Leased Units: 20
Gross Bldg SQFT: 28040
Lot Dimensions: Irregular
Total Acreage: 5.8
Basement Y/N: Yes
Parking Description: Private (10 or More)
# Vehicle Spaces: 40
Operating Expense: 62051
Net Operating Income: 125054
Gross Income: 187105
Water Class: N/A
Location, Tax & Legal
Area: 0601 - Town of Bedford
Street Name: CASSELL
Street Suffix: LN
State/Province: VA
Zip Code: 24523
Subdivision: N/A
Municipality: Town of Bedford
Elementary School: Bedford
High School: Liberty High
Expenses
Management Exp: 28800
Maintenance Exp: 6930
Tax Exp: 18968
Insurance Exp: 7353
Contract Information
Current Price: $1,550,000
Sold Price: $1,550,000
List Date: 2014-04-14
Status: Closed
Status Change Info
Ratified Contract Dt: 2015-03-31
Sold Date: 2015-07-01
Sold Price: $1,550,000
Property Features
Limited Service: Not Limited Service
Construction: Brick; Vinyl
Basement: Full; Walk-Out Access
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year; Month To Month
Owner Expenses: Lawn Care; Management Fee
Tenant Expenses: All Utilities

Listing Office: WOLTZ & ASSOCIATES

Last Updated: September - 15 - 2024

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