809 Royal DR, Martinsville, VA 24112 (MLS# 905559)

$210,000

809 Royal DR
Martinsville, VA 24112
MLS# 905559

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Property Description
***GREAT INVESTOR OPPORTUNITY*** This multifamily consists of 3 units - all units are currently rented. Property has been professionally managed and was built in 1990. This triplex comes with plenty of parking. Units are 2Bd/1Ba. Each unit has it's own washer/dryer hookups.

Details

Contract Information

Current Price: $192,500

Sold Price: $192,500

List Date: 2024-03-07

Status: Closed

General Property Description

Multi-Family Type: Triplex

Construction Status: Completed

Year Built: 1990

Present Use: Built-As

Number of Units: 3

# Unfurnished: 3

# Leased Units: 3

Gross Bldg SQFT: 2808

Total Acreage: 0.46

Basement Y/N: No

Basement: Crawl Space

Parking Description: Private (1 - 9)

Operating Expense: 2277.43

Net Operating Income: 19586.57

Gross Income: 21864

Water Class: N/A

Location, Legal & Taxes

Major Area: 13 - City of Martinsville

Area: 1300 - City of Martinsville

Street Number: 809

Street Name: Royal

Street Suffix: DR

State/Province: VA

Zip Code: 24112

Subdivision: N/A

Municipality: City of Martinsville

Tax ID: 07 (08 )00 /42

Annual Taxes: 891

POA Y/N: No

Elementary School: Other - See Remarks

Middle School: Other - See Remarks

High School: Other - See Remarks

Remarks & Misc

Directions: Liberty St to Clearview Dr to Left on Royal Dr

Status Change Info

Ratified Contract Dt: 2024-03-07

Sold Date: 2024-04-12

Sold Price: $192,500

Property Features

Limited Service: Not Limited Service

Construction: Brick; Vinyl

Heating: Heat Pump Electric

Cooling: Heat Pump Electric

Water Description: Public Water

Sewer Description: Public Sewer

Tenant Expenses: Electricity

Listing Office: MOUNTAIN VIEW REAL ESTATE LLC

Last Updated: April - 19 - 2024

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