NOT LISTED FOR SALE

712 Alleghany St Clifton Forge, VA 24422

-- Bed
-- Bath
1,526 Sq Ft
1960 Built

Last Sold October 07, 2022

Last sale price $175,000 $115 Per Sq Ft

2 Days on Market

Highlights

  • Mountain View
  • Baseboard Heating
  • 9 Furnished Units
  • No HOA

About This Home

As of October 2022

This 7 unit apartment building on a dead end street in Clifton Forge creates lots of positive cash flow. Numerous upgrades have been done in the past several years... 3 units have new flooring, two have a new kitchenette combo (see picture), several have new vanities and toilets, 3 have new a/c window units, many of them have fresh paint as well. Tenants can enjoy the mountain views from the covered front porch!

Last Agent to Sell the Property

Grant Cockrell

RE/MAX ALL STARS License #0225175737 Listed on: 08/24/2022

RE/MAX ALL STARS

Last Buyer's Agent

Grant Cockrell

RE/MAX ALL STARS License #0225175737 Listed on: 08/24/2022

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $441

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 50x125

Parking

  • On-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,526 Sq Ft Home
  • Mountain Views

Schools

  • Mountain View Elementary School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 5 Leased Units
  • 9 Furnished Units
  • Operating Expense $6,000
  • Gross Income $43,620
  • Net Operating Income $37,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$441

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Window A/C
  • Views: Mountain
  • CondoAssocYN: No
  • Major Area: 27 - Alleghany County
  • MiscellaneousInfoPaidUtilities: Owner water,sewer,el
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 5.00
  • NumberUnfurnished: 6.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-08-26
  • TotalAnnualExpen: 6000.00
  • 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

Schools

  • Elementary School: Mountain View
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Dimensions: 50x125
  • Property Group Id: 19990816212116581394000000

Rental Info

  • Number Furnished: 9.00

Building Info

  • Year Built: 1960

Tax Info

  • Taxes (6 mo): 440.59
  • FILLTAXID: 12800-01-011-0110 & 0120

Multi Family

  • Tenant Pays: Cable TV
  • Units In Building: 7.00
  • Multi Family Type: Efficiency

MLS Schools

  • Elementary School: Mountain View
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

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
10/07/2022 10/07/22 Sold $175,000 -7.9% $115 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $189,950 +40.7% $124 / Sq Ft
08/05/2021 08/05/21 Sold $135,000 -2.9% $88 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $139,000 -- $91 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Grant Cockrell

    Seller's Agent in 2022

    Grant Cockrell

    RE/MAX

    (540) 580-8232

    11 in this area

    197 Total Sales

    Grant Cockrell
    Section Image

  • G

    Seller's Agent in 2021

    Garland Humphries, Jr

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 969-6904

    56 in this area

    123 Total Sales

    Garland Humphries, Jr
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892382

Roanoke Valley Association of REALTORS®

APN: 12800-01-011-0120

Virginia Alleghany County Clifton Forge 24422

712 Alleghany St, Clifton Forge, VA

This home is located at 712 Alleghany St, Clifton Forge, VA 24422 since 24 August 2022. This property was built in 1960. 712 Alleghany St is a home located in Alleghany County with nearby schools including Mountain View Elementary School, Covington Middle School, and Alleghany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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