2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 (MLS# 798628)

$197,500
2865 CHESTNUT HILL RD, 1-8
Rocky Mount, VA 24151
MLS# 798628

2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151
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2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151 2865 CHESTNUT HILL RD, 1-8, Rocky Mount, VA 24151

Property Description
Great Investment Opportunity! 8-unit Apartment complex: (4)2Bed/1Bath & (4)1Bed/1Bath. Brick Exterior, Nice Natural Buffer surrounds property. Conveniently located only 2 miles from the Town of Rocky Mount just off Rt.40 East in Redwood. Only minutes from Walmart, Lowes, Kroger, Restaurants, Medical & other Amenities. Add'l Owner Exp: Parking, Well/Septic, Trash Removal.

Details
Contract Information
Current Price: $197,500
Sold Price: $197,500
List Date: 2013-11-13
Status: Closed
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1980
Present Use: Built-As
Number of Units: 8
# Unfurnished: 8
# Leased Units: 6
Gross Bldg SQFT: 4740
Total Acreage: 1
Basement Y/N: No
Basement: Slab
Parking Description: Private (10 or More)
Operating Expense: 9876
Net Operating Income: 5494
Gross Income: 15370
Water Class: N/A
Location Legal Taxes
Area: 0400 - Franklin County
Street Number: 2865
Street Name: CHESTNUT HILL
Street Suffix: RD
State/Province: VA
Zip Code: 24151
Subdivision: N/A
Municipality: Franklin County
Elementary School: Lee M. Waid
Middle School: Ben Franklin Middle
High School: Franklin County
Status Change Info
Ratified Contract Dt: 2013-11-18
Sold Date: 2013-12-02
Sold Price: $197,500
Expenses
Management Exp: 2043
Maintenance Exp: 1080
Tax Exp: 1372
Insurance Exp: 1000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Heating: Electric Ceiling
Cooling: Window A/C
Water Description: Private Well
Sewer Description: Private Septic
Water Heater Type: Tank
Water Heater Energy: Electric
Amenities Common: Cable TV
Lease Type: One Year
Owner Expenses: Lawn Care; Management Fee; Other - See Remarks
Misc Features: Laundry Facility; Maint-Free Exterior
Internet Access: Cable
Views: Mountain
Tenant Expenses: Cable TV; Electricity

Listing Office: LONG & FOSTER - FRANKLIN CO

Last Updated: September - 15 - 2024

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