NOT LISTED FOR SALE

356 College St Marion, VA 24354

5 Beds
2 Baths
2,961 Sq Ft
0.4 Acres

Last Sold June 06, 2022

Last sale price $165,000 $56 Per Sq Ft

39 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Carpet
  • Heating System Uses Natural Gas

About This Home

As of June 2022

Investment Opportunity! This brick duplex offers an upper 3 bedroom 1 bath unit and a lower 2 bedroom 1 bathroom unit. Each unit is currently leased for $800 a month. Other features include a detached garage and and extra lot. It is located within walking distance to Downtown Marion and local area shops and restaurants.

Last Agent to Sell the Property

Bryan Godwin

Godwin Realty LLC License #0225214082 Listed on: 02/24/2022

Last Buyer's Agent

Debbie Burge

Shamrock Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 1953

Lot Details

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

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 5 Bedrooms
  • 2,961 Sq Ft Home
  • Insulated Windows
  • Carpet
  • Laundry on lower level
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Marion Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,600
  • Tax Lot 209

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $19,200
  • Net Operating Income $16,879

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,321

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • Directions: From I-81N take exit 44. Turn right onto Lee Highway. Turn left onto Poston St. Property is on the corner of Poston and College St.
  • Above Grade Finished Sq Ft: 1593
  • Structure Type: Up & Down, One Building
  • Year Built: 1953
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dishwasher, Gas Water Heater
  • Has Basement: Finished
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1593
  • Fireplace Features: None
  • Flooring: Carpet
  • Living Area: 2961
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Utilities

  • Laundry Features: Lower Level, Upper Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Schools

  • Elementary School: Marion Elementary
  • High School: Marion Senior
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Sq Ft: 17424
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19200
  • Property Net Operating Income: 16879
  • Total Actual Rent: 1600
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1321.32
  • Tax Lot: 209
  • Tax Map Number: 209-112-21
  • Tax Year: 2021

Range of Values:

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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
06/06/2022 06/06/22 Sold $165,000 0.0% $56 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $165,000 +57.1% $56 / Sq Ft
10/23/2018 10/23/18 Sold $105,000 0.0% $35 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $105,000 -- $35 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 81615