NOT LISTED FOR SALE

533 Whites Mill Rd Unit 24 Abingdon, VA 24210

-- Bed
-- Bath
-- Sq Ft
2.06 Acres

Last Sold September 21, 2018

Last sale price $1,075,000

763 Days on Market

Highlights

  • 2.06 Acre Lot
  • Wood Flooring
  • Level Lot
  • E.B. Stanley Middle School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • 2-minute walk to Munchkin Park

About This Home

As of September 2018

24 UNITS FEATURING TWO BEDROOMS, ONE BATH, LIVING ROOM, & DINING AREA. EACH UNIT HAS WASHER/DRYER HOOK-UP. 12 UNITS ARE FIRST FLOOR UNITS, 12 UNITS ARE SECOND FLOOR UNITS. EACH UNIT CONSISTS OF APPROXIMATELY 848 SQ. FT. EACH UNIT HAS TWO ELECTRIC WALL HEAT PUMPS. UNITS ARE CONVENIENT TO DOWNTOWN ABINGDON AND INTERSTATE 81. GREAT INVESTMENT OPPORTUNITY. INCOME IS BASED ON ALL UNITS BEING RENTED AND EXPENSES ARE ESTIMATED.

Last Agent to Sell the Property

RALPH JOHNSON

MEADE REALTY Listed on: 06/28/2016

Last Buyer's Agent

Joshua Coon

Park Hill Realty Group, LLC License #292596,0225237976

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 2.06 Acre Lot
  • Lot Dimensions are 255 x 353 x 253 x 354
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 005-15-11

Community Details

Overview

  • 2 Buildings

Building Details

  • Utility Expense $10,100
  • Gross Income $144,000
  • Net Operating Income $108,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: FROM EXIT 17 OF INTERSTATE 81 GO NORTH ON CUMMINGS STREET TO VALLEY STREET, RIGHT ON VALLEY STREET TO WHITES MILL ROAD, LEFT ON WHITES MILL ROAD, PROPERTY WILL BE ON THE LEFT.
  • Prop. Type: Residential Income
  • Year Built: 1993
  • IncomeAndExpensesAnnualUtilityExpenses: 10100
  • Property Sub Type: Multi-Family
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 005-15-11
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.06
  • General Property Description Zoning2: R3
  • General Property Description Elementary School3: Greendale
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 255 X 353 X 253 X 354
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • AC Wall Unit(s): Yes
  • General Property Description # Buildings: 2
  • Style Duplex: Yes
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Other, See Remarks
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Other19: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Acres: 2.06
  • Construction Type: Brick, Vinyl Siding
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: R3
  • Lot Dimensions: 255 X 353 X 253 X 354
  • Lot Size Sq Ft: 89733.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 005-15-11
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 144000.0

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
09/21/2018 09/21/18 Sold $1,075,000 -10.4% --
08/01/2018 08/01/18 Pending -- -- --
06/28/2016 06/28/16 For Sale $1,200,000 -- --
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: 379429

Tennessee/Virginia Regional MLS