NOT LISTED FOR SALE

2065 Castleton Rd Max Meadows, VA 24360

10 Beds
2 Baths
6,474 Sq Ft
6 Acres

Last Sold December 23, 2020

Last sale price $262,101 $40 Per Sq Ft

104 Days on Market

Highlights

  • Newly Painted Property
  • Ceiling Fan
  • Vinyl Flooring
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

About This Home

As of December 2020

FULLY RENTED APARTMENTS AND HOUSE! Property is < 4 miles to I-77 or <10 miles to I-81 and <4.5 to New River Trail State Park and Foster Falls State Park. If you are wanting to invest in some apartments, this is it. Fully rented income producing property comes with 2 apartment buildings (2065, 2067, 2073, 2073A, and 2073B) as well as a detached house (2075), behind it all there's another almost 5 acres of cleared, vacant land ready to build on, with a well. There are 3- 1BD/1BA apartments, and 2- 3BD/1BA, there is also a beauty salon on the bottom level of one of the apartment buildings. Most of the renters are long term and have been there for 10+ years. Owners recently have done some upgrades including replacing all windows in the apartment buildings with tilt, insulated windows, new exterior paint, and lots of new interior paint in several of the units. Some of the units also have new appliances and upgraded PEX plumbing. House parcel has 1 acre and apartment parcel is of 5 acres.

Last Listed By

Sara Shupe

Weichert Realtors-Short Way Real Estate Listed on: 08/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1960

Lot Details

  • 6 Acre Lot
  • No Landscaping

Home Design

  • Newly Painted Property
  • Block Foundation
  • Metal Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 6,474 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Open Parking

Outdoor Features

  • Outbuilding
  • Rain Gutters

Schools

  • Max Meadows Elementary School
  • Fort Chiswell Middle School
  • Fort Chiswell High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Wall Furnace
  • Baseboard Heating
  • Separate Meters
  • Propane
  • Shared Well
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $2,425
  • Tax Lot 62-105&105A

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $2,375
  • Net Operating Income $2,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,305

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 6
  • Lot Size: F394 x 762 x B320
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From I-77S, take exit 24 (Poplar Camp) turn left off exit onto Lead Mines Rd. Go 0.2 mi to end of Lead Mines and turn Left on US-52N. Continue for 0.2 of a mile and turn Right onto Castleton Rd. Follow Castleton Rd. for 3.5 miles to property on Right. See sign. You can also access Castleton Rd. from I-81N.
  • Above Grade Finished Sq Ft: 6474
  • Structure Type: Front & Back, Multiple Buildings, Three Buildings, Up & Down, Side by Side
  • Year Built: 1960
  • ResoBuildingAreaSource: Estimated
  • Special Features: None

Interior Features

  • Appliances: Range Hood, Dryer, Range/Oven, Other, Refrigerator, Washer, Electric Water Heater, Gas Water Heater
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Flooring: Vinyl, Newer Floor Covering
  • Interior Amenities: Ceiling Fan(s), Newer Paint, Other
  • Living Area: 6474
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Block, Metal Siding
  • Exterior Features: Other, Rain Gutters
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Metal

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved, Garage Door Opener

Utilities

  • Laundry Features: Other
  • Security: Smoke Detector(s)
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Wall Furnace, Floor Furnace, Oil, Propane, Other, Multiple
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Septic Tank
  • Utilities: Water Available, Propane
  • Water Source: Well, Shared Well

Schools

  • Elementary School: Max Meadows
  • High School: Fort Chiswell
  • Middle Or Junior School: Fort Chiswell

Lot Info

  • Lot Size Sq Ft: 261360
  • Zoning: None
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 2375
  • Property Net Operating Income: 2375
  • Number Of Units Leased: 5
  • Total Actual Rent: 2425
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1304.64
  • Tax Lot: 62-105&105A
  • Tax Map Number: 62-105
  • Tax Year: 2019

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
12/23/2020 12/23/20 Sold $262,101 -11.2% $40 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $295,000 -- $46 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sara Shupe

    Weichert Realtors-Short Way Real Estate

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 75322

Virginia Wythe County Max Meadows 24360

2065 Castleton Rd, Max Meadows, VA

Homes for Sale in Max Meadows, VA

This home is located at 2065 Castleton Rd, Max Meadows, VA 24360 since 25 August 2020. This property was built in 1960. 2065 Castleton Rd is a home located in Wythe County with nearby schools including Jackson Memorial Elementary School, Fort Chiswell Middle School, and Fort Chiswell High School.

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