NOT LISTED FOR SALE

282 Draft Ave Stuarts Draft, VA 24477

5 Beds
12 Baths
11,544 Sq Ft
1.06 Acres

Last Sold March 25, 2022

Last sale price $725,000 $63 Per Sq Ft

6 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Baseboard Heating
  • Concrete Block With Brick

About This Home

As of March 2022

Tremendous investment opportunity $7290 per month income on a fully leased turn key property with many recent updates. Highly visible location in the heart of downtown STUARTS DRAFT. Property consists of 9 COMMERCIAL SPACES AND 5 RESIDENTIAL ONE BEDROOM APARTMENTS all fully leased (bakery, Hair salons, Tatoo Parlor, Insurance agent) . GREAT INVESTMENT OPPORTUNITY. $7290 income per month!!! over 10% CAP with plenty of room to raise! Roof is Firestone rubber and composite shingle on rental house. Many recent updates including HVAC systems, flooring and paint to many of the units within last 3 years. Ask for full list of updates and upgrades. Large Parking Lot Off Wayne Ave and A parking lot off of Draft Ave as well. Parking to support 35+ vehicles..Many more photos of apartments and units available at request for qualified purchasers.

Last Agent to Sell the Property

Nick Whitelock

Massanutten Realty License #0225203811 Listed on: 01/20/2022

Last Buyer's Agent

Eric Cobb

REAL ESTATE PLUS License #225103220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 1932

Lot Details

  • 1.06 Acre Lot
  • Property is zoned GB General Business

Home Design

  • Concrete Block With Brick
  • Stone Foundation

Interior Spaces

  • 11,544 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary bathroom on main floor

Schools

  • Guy K. Stump Elementary School
  • Stuarts Draft Middle School
  • Stuarts Draft High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 084A-5-40, 084A-5-41, 084A-5-46 ,084A-5-47

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,809

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 11544
  • L V T Date: 01/20/2022
  • Parcel Number: 084A-5-40, 084A-5-41, 084A-5-46 ,084A-5-47
  • Price Per Sq Ft: 62.8
  • Total Sq Ft: 11544
  • Type of Construction: On Site Built
  • Zoning: GB General Business
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement Type: Unfinished
  • Total Finished Sq Ft: 11544
  • Above Grade Finished Sq Ft: 11544
  • Basement: Yes
  • Foundation: Concrete Block, Stone
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 8.5
  • Number Beds: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 7
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 1.06

Utilities

  • Cooling: Central AC, Window Unit(s)
  • Heating: Baseboard, Central Heat
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Guy K. Stump
  • Middle School: Stuarts Draft
  • High School: Stuarts Draft

Building Info

  • Year Built: 1932

Tax Info

  • Year: 2021
  • Taxes: 2809

MLS Schools

  • HighSchool: Stuarts Draft
  • Middle School: Stuarts Draft
  • Elementary School: Guy K. Stump

Range of Values:

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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
03/25/2022 03/25/22 Sold $725,000 0.0% $63 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $725,000 -- $63 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Whitelock

    Seller's Agent in 2022

    Nick Whitelock

    Massanutten Realty

    (540) 383-9601

    444 Total Sales

    Nick Whitelock
    Section Image
  • Eric Cobb

    Buyer's Agent in 2022

    Eric Cobb

    REAL ESTATE PLUS

    (540) 457-7000

    83 Total Sales

    Eric Cobb
    Section Image
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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 625738

Harrisonburg-Rockingham Association of REALTORS®
Virginia Augusta County Stuarts Draft 24477

282 Draft Ave, Stuarts Draft, VA

This home is located at 282 Draft Ave, Stuarts Draft, VA 24477 since 20 January 2022. This property was built in 1932. 282 Draft Ave is a home located in Augusta County with nearby schools including Guy K. Stump Elementary School, Stuarts Draft Middle School, and Stuarts Draft High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Harrisonburg-Rockingham Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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