325 E Augusta AVE, 325-347, Vinton, VA 24179 (MLS# 772600)

$485,000

325 E Augusta AVE, 325-347
Vinton, VA 24179
MLS# 772600

1 / 4

Property Description
Two 6 Unit Buildings - Must be sold together - 2010-2011 occupancy rate 92%, 12 2 BR units. Parking at rear of buildings. Priced @ $242,500 per building.

Details

Maps

Contract Information

Current Price: $450,000

Sold Price: $450,000

List Date: 2011-06-30

Status: Closed

General Property Description

Multi-Family Type: Apartments

Construction Status: Completed

Year Built: 1974

Present Use: Built-As

Number of Units: 12

# Unfurnished: 12

# Leased Units: 12

Gross Bldg SQFT: 10206

Lot Dimensions: 174 x 140

Basement Y/N: No

Basement: Slab

Parking Description: Private (10 or More)

Operating Expense: 12650

Net Operating Income: 54250

Gross Income: 66900

Water Class: N/A

Location, Legal & Taxes

Major Area: 02 - Roanoke County

Area: 0221 - Roanoke County - Town of Vinton

Street Number: 325

Street Direction Pfx: E

Street Name: Augusta

Street Suffix: AVE

Unit #: 325-347

State/Province: VA

Zip Code: 24179

Subdivision: N/A

Subdivision Map: Williams & Lloyd

Lot: 3 & 4

Municipality: Town of Vinton

Tax ID: 060.20-01.30.00-0000 060.20-01-31.00-0000

Annual Taxes: 4504

POA Y/N: No

Elementary School: W. E. Cundiff

Middle School: William Byrd

High School: William Byrd

Remarks & Misc

Directions: Rt 24 E (Virginia Ave) to Right on Maple to Left on Augusta Ave.

Status Change Info

Ratified Contract Dt: 2011-08-31

Sold Date: 2012-01-31

Sold Price: $450,000

Expenses

Maintenance Exp: 3500

Tax Exp: 4504

Insurance Exp: 1120

Water Exp: 2500

Property Features

Limited Service: Not Limited Service

Construction: Brick; Vinyl

Heating: Forced Air Electric

Cooling: Central Cooling

Water Description: Public Water

Sewer Description: Public Sewer

Amenities Common: Cable TV

Lease Type: One Year; Month-to-Month

Owner Expenses: Trash Disposal; Water

Tenant Expenses: Air Conditioning; Cable TV; Electricity

Listing Office: OLDE COLONY REALTY INC

Last Updated: February - 21 - 2014

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