NOT LISTED FOR SALE

560 Lowe St Buchanan, VA 24066

-- Bed
-- Bath
3,600 Sq Ft
0.34 Acres

Last Sold August 28, 2024

Last sale price $315,000 $88 Per Sq Ft

47 Days on Market

About This Home

As of August 2024

Charming triplex in the quiet Town of Buchanan with a vacant side lot. Direct water and sewer paid by tenants. Washer/dryer hook ups in each unit. The adjacent duplex is also for sale and can be grouped with this property for a single purchase. Property is located in the 100 year flood plain. Additional insurance is reflected in the insurance expense. Seller is Owner/Realtor.

Last Agent to Sell the Property

Todd Conner

BLACKWATER COMMERCIAL License #0225027050 Listed on: 06/18/2024

Last Buyer's Agent

Lori Mccarren

WAINWRIGHT & CO., REALTORS(r) License #0225213243

WAINWRIGHT & CO.,  REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1935

Lot Details

  • 0.34 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 3,600 Sq Ft Home
  • Crawl Space

Schools

  • Buchanan Elementary School
  • Central Academy Middle School
  • James River High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Operating Expense $13,278
  • Gross Income $35,137
  • Net Operating Income $21,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Interior Features: Other - See Remarks
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Internet Access: Cable
  • Major Area: 07 - Botetourt County
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 13278.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.34

Building Info

  • Year Built: 1935

Tax Info

  • Taxes (6 mo): 1377.00

Multi Family

  • Lease Type: One Year
  • Tenant Pays: All Utilities, Cable TV
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Buchanan
  • HighSchool: James River
  • Middle School: Central Academy
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Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $315,000 0.0% $88 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
08/04/2024 08/04/24 For Sale $315,000 0.0% $88 / Sq Ft
07/21/2024 07/21/24 Off Market $315,000 -- --
07/18/2024 07/18/24 Price Changed $315,000 -15.9% $88 / Sq Ft
06/18/2024 06/18/24 For Sale $374,600 -- $104 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,257 $179,600 $27,500 $152,100
2024 $1,257 $179,600 $27,500 $152,100
2023 $991 $125,500 $22,500 $103,000
2022 $991 $125,500 $22,500 $103,000
2021 $991 $125,500 $22,500 $103,000
2020 $991 $125,500 $22,500 $103,000
2019 $1,038 $131,400 $22,500 $108,900
2018 $1,038 $131,400 $22,500 $108,900
2017 $1,038 $131,400 $22,500 $108,900
2016 $1,038 $131,400 $22,500 $108,900
2015 $528 $73,300 $22,500 $50,800
2014 $528 $73,300 $22,500 $50,800
2010 -- $73,300 $22,500 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 908551

Roanoke Valley Association of REALTORS®

APN: 65A(7)4