NOT LISTED FOR SALE

102 N Maple St Kenbridge, VA 23944

-- Bed
21 Baths
7,700 Sq Ft
0.56 Acres

Last Sold November 03, 2023

Last sale price $918,500 $119 Per Sq Ft

9 Days on Market

About This Home

As of November 2023

This is your opportunity to add this solid residential income property to your rental portfolio. The time has never been better to invest in Southside Virginia. FASTC in Blackstone, and CMH and Microsoft in South Hill are bringing people to the area and there is certainly a shortage of QUALITY rental units. This property is well-poised to be at the forefront of residential rentals in Lunenburg, Nottoway and Mecklenburg into the foreseeable future! This property consists of four walk-up units that were completed in 2016, and three flats that were completed in 2022. The units are approximately 1,100 square feet with two bedrooms and two bathrooms. The older structure has attached garages and both offer off-street parking. The site is just over a half an acre with trash pickup, public water and sewer from the Town of Kenbridge and electricity of Dominion. The property is professionally managed by local management firm. the property generates $7,575 per month.

New construction of good quality and tenant-paid utilities provide for solid investment numbers.

This property will be sold at auction. Listing price is opening bid. No pre-auction offers accepted.

Last Listed By

Andy Austin

Double A Auction & Realty License #0225265002 Listed on: 04/04/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • 0.56

Parking

  • 4 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 7,700 Sq Ft Home
  • 1-Story Property

Schools

  • Kenbridge Elementary School
  • Lunenburg Middle School
  • Central High School

Community Details

  • Kenbridge Subdivision
  • Gross Income $90,900

Listing and Financial Details

  • Assessor Parcel Number 13417

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 2022
  • Ownership: Individuals
  • Subdivision Name: Kenbridge
  • Architectural Style: Ranch, Two Story, Low Rise
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Living Area: 7700.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick, Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Lunenburg

Lot Info

  • Parcel Number: 13417
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 90900.0
  • Number Of Units Total: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1.0

MLS Schools

  • Elementary School: Kenbridge
  • High School: Central

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $918,500 +53.1% $119 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $600,000 -- $78 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2307724

Central Virginia Regional MLS