1858 LUCAS HOLLOW RD, VA
$450,000
Est. payment /mo
$500,000
10.0%
Est.Price: ?

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600 SqFt
SOLD DATE : 12/11/2023

Key Details

Sold Price $450,000

Property Type Single Family Home

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $750

MLS Listing ID VAPA2002926

Sold Date 12/11/23

HOA Y/N No

Year Built 1985

Annual Tax Amount $1,062

Tax Year 2022

Lot Size 4.690 Acres

Acres 4.69

Property Sub-Type Other

Property Description

Multi Unit property consists of 7- 2 bedroom units and 3- 1 bedroom units. Total 10 rental units. Trailer home is a 2 bedroom unit that needs a full remodel. Nine other units are move in ready. Recent upgrades are; some units new heat/cool mini split systems, new windows, new doors, new paint and much more.Property is Section 8 approved . Section 8 market rents are $868 for one bedroom unit and $972 for two bedroom unit including water, sewer and trash (typical).Currently all units are vacant. Property consists of 4.7 acres plenty of land to expand and add mountain cabins for short term rentals.

Location

State VA

County Page

Direction Use address 1858 Lucas Hollow Rd, Stanley, VA 22851 look for sign.

Interior

Heating Electric, Forced Air

Cooling Central Air

Fireplace No

Exterior

Water Access Desc Private,Well

Building

Foundation Block

Water Private, Well

New Construction No

Others

Tax ID 80 A 211A

Financing Private

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Old Dominion Realty

Old Dominion Realty

+1(540) 810-2234

Our team is ready to help you sell your home for the highest possible price ASAP


CAAR - GAAR - HRAR
Listed by Old Dominion Realty
Bought with Morris & Co. Realty, LLC

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Old Dominion Realty

Old Dominion Realty

+1(540) 810-2234

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