NOT LISTED FOR SALE

471 Nicholas St SE Unit 36 Abingdon, VA 24210

-- Bed
-- Bath
-- Sq Ft
1.6 Acres

Last Sold September 01, 2015

Last sale price $1,275,000

Highlights

  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Watauga Elementary School Rated A-

About This Home

As of September 2015

Priced below Tax Assessment! This is a dream investment property with phenomenal potential. 36 well maintained, apartments split between three brick buildings and two duplexes in the back of the property. The property includes 24 two bedroom units and 12 one bedroom units. Call today to schedule an appointment to see this fantastic property.

Last Agent to Sell the Property

JUSTIN HESS

REALTY EXECUTIVES BRISTOL Listed on: 07/31/2015

Last Buyer's Agent

Stephanie Conner

Crye-Leike Realtors License #256084

Crye-Leike Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 1.6 Acre Lot
  • Property is in average condition

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Schools

  • Watauga Elementary School
  • E. B. Stanley Middle School
  • Abingdon High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 014 14 3 001266

Community Details

Overview

  • 5 Buildings

Building Details

  • Gross Income $188,000
  • Net Operating Income $144,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: FROM I81 NORTH, TAKE EXIT 19; TRAVEL 1.5 MILES; TURN LEFT ONTO TRIGG STREET; TRAVEL .3 MILES; TURN right ONTO NICHOLAS STREET; property is on the right.
  • Prop. Type: Residential Income
  • Year Built: 1979
  • Property Sub Type: Multi-Family
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Window Features: Insulated Windows
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Property Condition: Average
  • Acres: 1.6
  • Construction Type: Brick
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes

Schools

  • Elementary School: Watauga
  • High School: Abingdon
  • Middle Or Junior School: E. B. Stanley

Lot Info

  • Zoning: NA
  • Lot Dimensions: See Acreage
  • Lot Size Sq Ft: 69696.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 014 14 3 001266
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 188000.0

Range of Values:

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Average Value
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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
09/01/2015 09/01/15 Sold $1,275,000 -12.1% --
07/31/2015 07/31/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $1,450,000 -- --
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 366065

Tennessee/Virginia Regional MLS