NOT LISTED FOR SALE

520 Virginia Ave Front Royal, VA 22630

-- Bed
-- Bath
-- Sq Ft
1970 Built

Last Sold December 29, 2015

Last sale price $1,315,000

Highlights

  • Corner Lot
  • Parking Storage or Cabinetry
  • Heat Pump System
  • Cooling Available
  • 60+ Gallon Tank

About This Home

As of December 2015

SOLD 12/28/2015 - 26 Apartment Units , 2 vacant units. One year leases. 1 BR, 2BR, and TH Units located in two buildings, Laundry income, parking. Separately metered. Off Street parking. Strong rental history, Investment property. New roof on one building.

Last Agent to Sell the Property

Bridget Schmitz

(703) 564-4000 boschmitz@kwcommercial.com KW Metro Center Listed on: 12/29/2015

KW Metro Center

Last Buyer's Agent

Bridget Schmitz

(703) 564-4000 boschmitz@kwcommercial.com KW Metro Center Listed on: 12/29/2015

KW Metro Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Plywood Siding Panel T1-11

Basement

  • Walk-Out Basement
  • Side Basement Entry

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Surface Parking
  • Unassigned Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • 60+ Gallon Tank
  • Public Septic

Listing and Financial Details

  • The owner pays for insurance, management, repairs, real estate taxes, all utilities
  • Tax Lot E1
  • Assessor Parcel Number 20A5 717 9

Community Details

Overview

  • Property has a Home Owners Association
  • 26 Units
  • Shen River Subdivision

Building Details

  • Income includes laundry
  • Operating Expense $90,389

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Side Entrance, Walkout Stairs

Exterior Features

  • Construction Materials: Brick, T-1-11
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface, Unassigned, Asphalt Driveway
  • Garage Features: Additional Storage Area
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Lot Info

  • Lot Features: Corner
  • Property Attached Yn: Yes
  • Zoning: MULTIFAM

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Management, Repairs, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Multi Family

  • Gross Income: 214400.00
  • Income Includes: Laundry
  • Operating Expense: 90389.00
  • Vacancy Allowance Rate: 98.00

Tax Info

  • Tax Annual Amount: 19.75
  • Assessor Parcel Number: 20A5 717 9
  • Tax Lot: E1
  • Tax Year: 2005

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/29/2015 12/29/15 Sold $1,315,000 -2.6% --
12/29/2015 12/29/15 Pending -- -- --
12/29/2015 12/29/15 For Sale $1,350,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bridget Schmitz

    Seller's Agent in 2015

    Bridget Schmitz

    KW Metro Center

    (703) 564-4000

    13 Total Sales

    Bridget Schmitz
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000404595

Bright MLS
Virginia Warren County Front Royal 22630

520 Virginia Ave, Front Royal, VA

Not Listed for Sale

MultiFamily

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