NOT LISTED FOR SALE

342 E King St Strasburg, VA 22657

-- Bed
3 Baths
2,400 Sq Ft
5,706 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $234,000 $98 Per Sq Ft

105 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Wood Flooring
  • Dual Staircase
  • Backs to Trees or Woods
  • Main Floor Bedroom

About This Home

As of February 2021

Great Investment Opportunity! Downtown residential 2-story, 3-unit apartment building. One, two and three bedroom units, with two on the main floor. Large, private parking lot in back (shared with next door residence), and spacious grassy recreation area behind it that backs to trees and fencing. Very good condition with many updates. Hardwood flooring throughout many rooms. Currently two of the units are rented on a month-to-month basis. The owner occupies the third unit and will stay on as tenant if buyer agrees. Apartments are separately metered. Tenants pay all utilities except water and sewer. Great location in historic downtown Strasburg. Walk to shops, restaurants, parks etc. This property is also commercially zoned so may be used for retail space as well. Lots of possibilities! Come and see!

Last Agent to Sell the Property

Allie Brodie

(540) 465-3771 agentallieb@gmail.com Weichert Realtors - Blue Ribbon Listed on: 09/29/2020

Weichert Realtors - Blue Ribbon

Last Buyer's Agent

Brian Herndon

(703) 472-4825 bherndon@jasonmitchellgroup.com Jason Mitchell Real Estate Virginia, LLC License #0225075441

Jason Mitchell Real Estate Virginia, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1927

Lot Details

  • 5,706 Sq Ft Lot
  • Backs To Open Common Area
  • Downtown Location
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Back Yard
  • Property is in good condition

Home Design

  • Triplex
  • Plaster Walls
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Open Floorplan
  • Dual Staircase
  • Chair Railings
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Dining Area
  • Efficiency Studio
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Galley Kitchen
  • Kitchenette
  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Front Loading Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Private Parking
  • Shared Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Surface Parking

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot
  • Low Pile Carpeting

Outdoor Features

  • Balcony
  • Playground

Schools

  • Sandy Hook Elementary School
  • Signal Knob Middle School
  • Strasburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, sewer, water
  • Tax Lot 156
  • Assessor Parcel Number 025A4 A 053

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building
  • Davis Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $852
  • Maintenance Expense $3,885
  • Operating Expense $3,885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,308

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits, Entry Slope <1', Level Entry - Main, Low Pile Carpeting, No Stairs
  • Ownership: Fee Simple
  • Exclusions: Window AC Units; Window Dressings
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances and fixtures
  • New Construction: No
  • Year Built: 1927
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Oven - Single, Range Hood, Refrigerator, Stove, Washer
  • Flooring Type: Carpet, Hardwood, Vinyl, Laminated
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Double/Dual Staircase, Efficiency, Entry Level Bedroom, Flat, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Efficiency, Kitchen - Galley, Kitchen - Table Space, Kitchenette, Stall Shower, Tub Shower, Wood Floors, Additional Stairway
  • Window Features: Double Pane, Insulated, Low-E, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Concrete Perimeter
  • Basement: No
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 95.42
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Unfinished Sq Ft: 100
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Concrete
  • Exterior Features: Play Area, Sidewalks, Street Lights
  • Road Surface Type: Paved, Gravel
  • Roof: Metal
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Private, Shared Driveway, Surface
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Gas Avg Month: 93.00
  • Gas Prev12 Months: 1116.00
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Natural Gas Available
  • Water Previous Twelve Months: 2076.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, DSL

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SANDY HOOK
  • High School: STRASBURG
  • Middle Or Junior School: SIGNAL KNOB

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 60900.00
  • Land Assessed Value: 102700.00
  • Lot Features: Backs To Trees, Cleared, Backs - Open Common Area, Level, Not In Development, Open, Rear Yard, Road Frontage
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5706.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Soil Types: Unknown
  • Zoning: 0000
  • Zoning Description: Community Commercial; Residential; Multi-Unit Residential
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Owner Occupied
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 2200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19702597
  • Tax Annual Amount: 1308.00
  • Assessor Parcel Number: 025A4 A 053
  • Tax Lot: 156
  • Tax Page Number: 481
  • County Tax Payment Frequency: Semi-Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Gross Income: 2200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3885.00

MLS Schools

  • School District Name: SHENANDOAH COUNTY PUBLIC SCHOOLS

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 List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $234,000 +2.2% $98 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $229,000 -- $95 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VASH120450

Bright MLS