$219,900

1165 N Independence Ave Independence, VA 24348

Estimated payment $1,438/month

Total Views 16,705
-- Bed
-- Bath
3,181 Sq Ft
$69 Price per Sq Ft

Highlights

  • Ranch Style House
  • No HOA
  • Luxury Vinyl Plank Tile Flooring
  • Grayson County High School Rated 9+
  • Community Playground
  • Central Air

About This Home

Great Tri-plex investment opportunity located just outside of Independence, Va. Each unit is a 2 bed 1 bath furnished with a stove and fridge. Tenants are responsible for their own water, sewer, and power. Apt A has a new mini split and is leased for 750/month. Apt B has central heating and is rented at 650/month. Apt C has a recently added heat pump, a new roof, and is currently rented at 650/month. Apt B and C are planned to be increased. Less than 3 minutes to town, very close to local hardware stores, shopping, and dining. This property currently has a gross annual income of $24,600. Call today and don't miss a chance to own this income producing property!

Listing Agent

Joseph Dixon

Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv Listed on: 11/12/2024

Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.48 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Ranch Style House
  • Bungalow
  • Shingle Roof
  • Metal Roof
  • Vinyl Trim

Interior Spaces

  • 3,181 Sq Ft Home
  • Crawl Space

Flooring

  • Laminate
  • Luxury Vinyl Plank Tile

Schools

  • Independence Elementary And Middle School
  • Grayson County High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 73A7A4

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Community Playground

Building Details

  • 3 Furnished Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multifamily
  • County Or City: Grayson
  • Deed Bk Pg Instrumnt: 583/129
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Deed Book/Instrument: 583 Deed Page: 129
  • Lvt Date: 11/12/2024
  • Miscellaneous: 2 Bedroom Units
  • Parcel Nbr: 73A7A4
  • Property Sub Type: Triplex
  • Report Header1: 1165 N Independence , Independen, VA 24348
  • Style Structure Home: Bungalow/Cottage, Ranch
  • Total Gross Building Area: 3181
  • Estimated Finished Sq Ft: 3181
  • Amenities: Playground
  • Owner Annual Inc Exp Law: 720
  • Total Number of Furnished Unit: 3
  • Directions: From intersection of US-21 N/N Independence Ave & US-58 W/Main St. Head north on US-21, approximately 2 miles, property on right.
  • S O1 Office State: No
  • List Price/ Sq Ft: 69.13
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Laminated, Vinyl, Lvp
  • Basement: Crawl Space

Exterior Features

  • Exterior Finish: Vinyl
  • Roofing: Metal, Shingle

Garage/Parking

  • Parking: Off Street Parking

Utilities

  • Air Conditioner: Central Electric, Heat Pump, Window Unit(s)
  • Heating: Electric, Gas-Propane, Heat Pump, Ductless / Mini Split
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Grayson County
  • Elementary School: Independence
  • Middle School: Independence
  • High School: Grayson County
  • Elementary School: Independence
  • High School: Grayson County
  • Junior High Dist: Grayson County

Lot Info

  • Estimated Lot Size: 0.48
  • Geo Update Timestamp: 2024-11-12
  • Geo Subdivision: VA

Rental Info

  • Owner Expense: Lawn Care, Real Estate Taxes

Multi Family

  • Units: 3

MLS Schools

  • Middle School: Independence

Map

Range of Values:

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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
11/12/2024 11/12/24 For Sale $219,900 -- $69 / Sq Ft
Source: New River Valley Association of REALTORS®

Source: New River Valley Association of REALTORS®

MLS Number: 422610

New River Valley Association of REALTORS®

APN: 73A7- A- - 4