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Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Unit/Flat/Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID 598115
Sold Date 03/09/21
Style Other
HOA Y/N N
Originating Board CAAR
Year Built 1900
Annual Tax Amount $1,030
Tax Year 2019
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Back on the market with a reduced price! Don't miss this rare investment opportunity!!! 6 apartment units in Barboursville. This unique building built in 1900 was formerly the Barboursville Hotel and General Store. It was converted by an architect into apartments. Many long term residents. Great rental history. New oil furnace in 2016 (services 3 of the 6 apartments). Owner feels that an initial capital expenditure of around $10,000 to install mini-split systems (one new mini-split, uninstalled, is included) could reduce expenses by $5,000 per year. All-inclusive transferable lifetime warranty from Window World dated 12/6/05 covering (27) double hung windows. These opportunities don't come along often! Don't let it pass you by!
Location
State VA
County Orange
Zoning C-2
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Roof Type Metal
Accessibility None
Road Frontage Public
Garage N
Building
Foundation Block
Sewer Septic Exists
Water Well
Architectural Style Other
New Construction N
Schools
Elementary Schools Gordon-Barbour
Middle Schools Prospect Heights
High Schools Orange
School District Orange County Public Schools
Others
Ownership Other
Special Listing Condition Standard
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Bought with ANGIE WOODSON • AKARION REALTY