Search - Norm Sells Roanoke & Beyond - REALTORS®

$899,000
100 6th ST
New Castle, VA 24127
MLS# 817266



100 6th ST, New Castle, VA 24127
  1 / 9  
100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127 100 6th ST, New Castle, VA 24127

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
Contract Information
Current Price: $805,000
Sold Price: $805,000
List Date: 2015-07-14
Status: Closed
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1993
Present Use: Built-As
Number of Units: 24
# Unfurnished: 24
# Leased Units: 23
Gross Bldg SQFT: 20064
Lot Dimensions: 323 X 323
Total Acreage: 2.4
Basement Y/N: No
Basement: Slab
Parking Description: Private (10 or More)
# Vehicle Spaces: 30
Operating Expense: 47406
Net Operating Income: 66787
Gross Income: 126880
Water Class: N/A
Location, Legal & Taxes
Major Area: 08 - Craig County
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
Tax ID: 47A3-1-8-1; 47A3-1-8-11; 47A3-1-8-19; 47A3-1-8-A
Annual Taxes: 3770
POA Y/N: No
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.
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
Heating: Baseboard Electric
Cooling: Window A/C
Water Description: Public Water
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; River
Tenant Expenses: Electricity

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: November - 22 - 2015


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.