NOT LISTED FOR SALE

1183 & 1185 Forrest Dr Stanley, VA 22851

10 Beds
4 Baths
4,320 Sq Ft
0.41 Acres

Last Sold September 14, 2023

Last sale price $392,500 $91 Per Sq Ft

2 Days on Market

Highlights

  • Front Porch
  • Central Air
  • Heat Pump System

About This Home

As of September 2023

INVESTMENT OPPORTUNITY! This one parcel property hosts TWO DUPLEXES (meaning 4 total rental units) all on one lot! This one of a kind property is a great opportunity for new, or experienced investors! Both duplexes were built in 1990 and are on public water and public sewer, with trash pick up. Each unit has its own storage unit and the water/sewer and electric hookups are all separate for each unit. All 4 units are fully occupied, with the tenants paying ALL utilities, including mowing and maintaining their own yard. Each of the (4) units is 1,080 square feet with a brick foundation and vinyl siding. 1183 Forrest (left duplex) consists of an A & B section (B is photographed), that are identical to one another and they are 3 bed, 1 bath units. 1185 Forrest (right duplex) consists of an A & B section (A is photographed), that are are identical to one another and they are 2 bed, 1 bath units, with the bedrooms being double the size. 2 of the 4 units have upgraded vinyl waterproof planks installed in the main living area, hallway and bedrooms. All units have washer and dryer hookups, front porches, small concrete patios in the back and at least 2 parkings spaces for each unit in the parking lot area. This is an amazing opportunity!

Last Agent to Sell the Property

Sable Ponn

Funkhouser Real Estate Group: Luray License #0225228371 Listed on: 07/26/2023

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1990

Lot Details

  • 0.41

Home Design

  • 4,320 Sq Ft Home
  • Duplex
  • Vinyl Siding

Kitchen

  • Electric Range
  • Dishwasher

Schools

  • Stanley Elementary School
  • Page Middle School
  • Page High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Washer and Dryer Hookup
  • Front Porch
  • 0.41 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, minor interior maintenance, sewer, trash collection, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 71A1 A 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,849

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 71A1 A 4
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.41
  • Road Frontage Type: Public Road
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Crawl Space
  • Living Area: 4320.0

Exterior Features

  • Roof: Composition, Shingle
  • View: Mountain(s)
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Front Porch, Porch

Utilities

  • Heating: Heat Pump
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Stanley
  • Middle Or Junior School: Page

Lot Info

  • Lot Features: Open Lot
  • Zoning Description: R-2 Medium Density Residential

Rental Info

  • Owner Pays: Insurance, Taxes
  • Tenant Pays: Electricity, Minor Interior Maintenance, Sewer, Trash Collection, Water
  • LeaseAmount: 28200.0

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2849.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • HighSchool: Page

Range of Values:

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List 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 List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $392,500 0.0% $91 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $392,500 -- $91 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 644090

Harrisonburg-Rockingham Association of REALTORS®