Search - Norm Sells Roanoke & Beyond - REALTORS®

$189,950
712 Alleghany ST
Clifton Forge, VA 24422
MLS# 892382



712 Alleghany ST, Clifton Forge, VA 24422
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Property Description
This 7 unit apartment building on a dead end street in Clifton Forge creates lots of positive cash flow. Numerous upgrades have been done in the past several years... 3 units have new flooring, two have a new kitchenette combo (see picture), several have new vanities and toilets, 3 have new a/c window units, many of them have fresh paint as well. Tenants can enjoy the mountain views from the covered front porch!

Details
Contract Information
Current Price: $175,000
Sold Price: $175,000
List Date: 2022-08-24
Status: Closed
General Property Description
Multi-Family Type: Efficiency
Construction Status: Completed
Year Built: 1960
Number of Units: 7
# Furnished: 9
# Unfurnished: 6
# Leased Units: 5
Gross Bldg SQFT: 1526
Lot Dimensions: 50x125
Basement Y/N: No
Basement: Slab
Parking Description: Street
Operating Expense: 6000
Net Operating Income: 37620
Gross Income: 43620
Water Class: N/A
Location, Legal & Taxes
Major Area: 27 - Alleghany County
Area: 2700 - Alleghany County
Street Number: 712
Street Name: Alleghany
Street Suffix: ST
State/Province: VA
Zip Code: 24422
Subdivision: N/A
Municipality: Alleghany County
Tax ID: 12800-01-011-0110 & 0120
Annual Taxes: 440.59
POA Y/N: No
Elementary School: Mountain View
Middle School: Other - See Remarks
High School: Other - See Remarks
Remarks & Misc
Directions: From Clifton, take 60 towards Covington, right on 6th Street, right on 7th Street, left on Alleghany Street, building on right at the end of the road.
Status Change Info
Ratified Contract Dt: 2022-08-26
Sold Date: 2022-10-07
Sold Price: $175,000
Miscellaneous Info
Public Transport: Yes
Paid Utilities: Owner water,sewer,el
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
Owner Expenses: Electricity; Lawn Care; Water
Views: Mountain
Tenant Expenses: Cable TV

Listing Office: RE/MAX ALL STARS

Last Updated: October - 07 - 2022


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