NOT LISTED FOR SALE

12 Culpepper Ave Unit & 30 & 208 Lowe St Buchanan, VA 24066

-- Bed
-- Bath
3,584 Sq Ft
1975 Built

Last Sold January 16, 2018

Last sale price $462,000 $129 Per Sq Ft

19 Days on Market

Highlights

  • No HOA
  • Central Academy Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

13 units made up of Three buildings. 2 quadroplexes and one 5 unit. Total of 4- 1BR Apartments & 9 2BR (Townhouse Style) Apartments. Tenants pay electric and water. Landlord pays taxes, insurance, maintenance and common area lighting Electric Heat pumps in all units. Washer and Dryer hookups in each unit. $30,000 credit for repairs

Co-Listed By

Michael Waldvogel

WALDVOGEL COMMERCIAL PROPERTIES License #0225079460

Last Buyer's Agent

Tiffany Franklin

WAINWRIGHT & CO., REALTORS(r) License #0225190837

WAINWRIGHT & CO., REALTORS(r)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1975

Home Design

  • 3,584 Sq Ft Home
  • Slab Foundation

Schools

  • Buchanan Elementary School
  • Central Academy Middle School
  • James River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities, electricity, water
  • Tax Lot 1,2,3 & 24

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Operating Expense $24,323
  • Gross Income $82,800
  • Net Operating Income $50,197

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,040

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling, Heat Pump Electric
  • Major Area: 07 - Botetourt County
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 24323.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Dimensions: per survey
  • Property Group Id: 19990816212116581394000000
  • Lot: 1,2,3 & 24

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 2039.73

Multi Family

  • Tenant Pays: All Utilities, Electricity, Water
  • Units In Building: 4.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Buchanan
  • HighSchool: James River
  • Middle School: Central Academy

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/16/2018 01/16/18 Sold $462,000 -2.7% $129 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $475,000 -- $133 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Waldvogel

    Seller Co-Listing Agent in 2018

    Michael Waldvogel

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 342-0800

    24 Total Sales

    Michael Waldvogel
    Section Image
  • Tiffany Franklin

    Buyer's Agent in 2018

    Tiffany Franklin

    WAINWRIGHT & CO., REALTORS(r)

    (540) 588-5819

    9 Total Sales

    Tiffany Franklin
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 842042

Roanoke Valley Association of REALTORS®
Virginia Botetourt County Buchanan 24066

12 Culpepper Ave Unit & 30 & 208 Lowe St, Buchanan, VA

Not Listed for Sale

MultiFamily

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