100 6th ST, New Castle, VA 24127 (MLS# 817266)


$805,000
100 6th ST
New Castle, VA 24127
MLS# 817266



Main Photo
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Main Photo 1 IMG_1366 IMG_1372 IMG_1378 IMG_4663 IMG_4664 IMG_4694 Screen shot 2015-07-13 at 7.16.08 PM

Property Description
24 units in New Castle, Virginia. Built in 1993. Strong rental history. Features three garden buildings with eight spacious 2-bedroom/1-bath units each. Each unit includes washer/dryer hook-ups, large living room, and private balcony. All utilities separately metered. Current rents average $440. Manager’s leasing office could easily become 25th unit. Excess land for additional expansion.

Details
General Property Description
Lot Dimensions: 323 X 323
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 2.4
Present Use: Built-As
# Furnished: 0
# Unfurnished: 24
# Leased Units: 23
Gross Bldg SQFT: 20064
Basement Y/N: No
Water Class: N/A
Parking Description: Private (10 or More)
# Vehicle Spaces: 30
Gross Income: 126880
Year Built: 1993
Number of Units: 24
Operating Expense: 47406
Net Operating Income: 66787
Location, Tax & Legal
Major Area: 08 - Craig County
Phase: 0
Lot: 0
Block: 0
Tax ID: 47A3-1-8-1; 47A3-1-8-11; 47A3-1-8-19; 47A3-1-8-A
Annual Taxes: 3770
Section: 0
POA Y/N: No
Area: 0800 - Craig County
Street Number: 100
Street Name: 6th
Street Suffix: ST
State/Province: VA
Zip Code: 24127
Subdivision: N/A
Municipality: Craig County
Elementary School: Mccleary
Middle School: Craig County Middle
High School: Craig County
Remarks & Misc
Directions: From 311 enter New Castle. Right on Market St. Left on 6th St. Property on right.
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Basement
Slab: 1
Views
Mountain(s): 1
River: 1
Heating
Baseboard Electric: 1
Misc Features
Stream: 1
Cooling
Window Unit(s): 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Lease Type
One Year: 1
Owner Expenses
Lawn Care: 1
Management Fee: 1
Trash Disposal: 1
Tenant Expenses
Electricity: 1
Contract Information
Current Price: $805,000
Sold Price: $805,000
List Date: 2015-07-14
Status: Closed
Status Change Info
Ratified Contract Dt: 2015-08-19
Sold Date: 2015-11-18
Sold Price: $805,000
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Basement: Slab
Heating: Baseboard Electric
Cooling: Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Lawn Care; Management Fee; Trash Disposal
Misc Features: Stream
Views: Mountain(s); River
Tenant Expenses: Electricity

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: December - 27 - 2024

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