NOT LISTED FOR SALE

292 Apple Valley Rd Marion, VA 24354

10 Beds
2 Baths
1,100 Sq Ft
0.75 Acres

Last Sold May 13, 2022

Last sale price $309,000 $281 Per Sq Ft

169 Days on Market

Highlights

  • Newly Painted Property
  • Wood Frame Window
  • Wood Siding
  • Chilhowie Elementary School Rated 9+
  • Central Air
  • Carpet

About This Home

As of May 2022

Attention investors! Here is your chance to own 5 rental units in two separate buildings side by side! These units have been well maintained and are ready to work for you. Each unit offers a large living, kitchen/dining area, with utility and 1/2 bath on the main floor. The second floor offers 2 large bedrooms and full bath. Located conveniently to area schools, hospitals, and I-81. These units have all separate heat pumps, water& sewer meters, newer roofing. These are a rare find and are ready to work for you! Call today to schedule your private showing!!

Last Agent to Sell the Property

Herbert Dunford

Weichert Realtors-Short Way Real Estate Listed on: 09/21/2021

Last Buyer's Agent

Non Member Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1992

Lot Details

  • 0.75 Acre Lot
  • No Landscaping
  • Property is in good condition

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Wood Frame Window

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 2 Bathrooms

Parking

  • Paved Parking
  • Open Parking

Schools

  • Chilhowie Elementary And Middle School
  • Chilhowie High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $540
  • Tax Lot 43-45

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $2,700
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,842

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Lot Size: .75 acre
  • Road Surface Type: Paved
  • Directions: From 81S take exit 39. Turn right then left onto Rt 11 South. Go approx 3 miles, turn right on Apple Valley Drive. Go 3/4 mile property on left.{There are no yard signs.}
  • Structure Type: Up & Down, Two Buildings
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater, 2 Bdrm-Stove, 2 Bdrm-Refrigerator
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Newer Paint
  • Living Area: 1100
  • Window Features: Wood Frames

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Vinyl Siding, Wood Siding, Dry Wall
  • Foundation Details: Slab
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved

Utilities

  • Laundry Features: In Kitchen
  • Cooling: Central Air, 2 Bdrm-Central A/C
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Chilhowie
  • High School: Chilhowie
  • Middle Or Junior School: Chilhowie

Lot Info

  • Lot Size Sq Ft: 32670
  • Zoning: res
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 2700
  • Property Net Operating Income: 2700
  • Number Of Units Leased: 5
  • Total Actual Rent: 540
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1841.86
  • Tax Lot: 43-45
  • Tax Map Number: 54A-3-43
  • Tax Year: 2019
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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
05/13/2022 05/13/22 Sold $309,000 -6.3% $281 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
09/21/2021 09/21/21 For Sale $329,900 -- $300 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Herbert Dunford

    Weichert Realtors-Short Way Real Estate

  • N

    Buyer's Agent in 2022

    Non Member Non Member

    Non Member Office

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 80126

Virginia Smyth County Marion 24319

292 Apple Valley Rd, Marion, VA

Not Listed for Sale

MultiFamily

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