0 CASSELL LN, Bedford, VA 24523

$1,550,000
Property Type: MultiFamily Lot Size (sq. ft.): 252,648 Status: Closed
Current Price: $1,550,000 List Date: 4/16/2014 Last Modified: 9/15/2024

Overview

Description

Sale includes 20 units total-10 buildings each w/2 townhouse units. All 20 units are 3BR-2ba. Ten units have full basements, 10 units are on slabs. Addresses are 1502 through 1521 Cassell Lane. The finished area per unit is 1452+/-Sq.ft. For 10 units with basements, basement is additional 810+/-Sq.ft. Note: Information obtained from Bedford GIS -BRING OFFERS

Listing Details MLS# 802815

Location, Tax & Legal

Area
0601 - Town of Bedford
Street Name
CASSELL
Street Suffix
LN
State/Province
VA
Zip Code
24523
Subdivision
N/A
Municipality
Town of Bedford
Elementary School
Bedford
High School
Liberty High
Major Area
06 - Bedford County
Phase
0
Subdivision Map
Shady Knoll 42-186
Lot
14-23
Block
No
Tax ID
176-A-14, plus 29 more Tax ID #s
Annual Taxes
18968
Section
3
Zoning Code
R2
POA Y/N
No

General Property Description

Multi-Family Type
Other - See Remarks
Construction Status
Completed
Year Built
2003
Present Use
Built-As
Number of Units
20
# Unfurnished
20
# Leased Units
20
Gross Bldg SQFT
28040
Lot Dimensions
Irregular
Total Acreage
5.8
Basement Y/N
Yes
Parking Description
Private (10 or More)
# Vehicle Spaces
40
Operating Expense
62051
Net Operating Income
125054
Gross Income
187105
Water Class
N/A
# Furnished
0

Status Change Info

Ratified Contract Dt
2015-03-31
Sold Date
2015-07-01

Expenses

Management Exp
28800
Maintenance Exp
6930
Tax Exp
18968
Insurance Exp
7353

Remarks & Misc

Public Remarks
Sale includes 20 units total-10 buildings each w/2 townhouse units. All 20 units are 3BR-2ba. Ten units have full basements, 10 units are on slabs. Addresses are 1502 through 1521 Cassell Lane. The finished area per unit is 1452+/-Sq.ft. For 10 units with basements, basement is additional 810+/-Sq.ft. Note: Information obtained from Bedford GIS -BRING OFFERS
Directions
From Rt.460 in Bedford near Walmart, exit N on 122, bear R on Independence Blvd., go L on Shady Knoll Ave., go L on Cassell Lane

More Information

Limited Service

Not Limited Service
Yes

Construction

Brick
Yes
Vinyl
Yes

Basement

Full
Yes
Walk-Out Access
Yes

Heating

Heat Pump Electric
Yes

Cooling

Heat Pump Electric
Yes

Water Description

Public
Yes

Sewer Description

Public Sewer
Yes

Water Heater Type

Tank
Yes

Water Heater Energy

Electric
Yes

Lease Type

One Year
Yes
Month To Month
Yes

Owner Expenses

Lawn Care
Yes
Management Fee
Yes

Tenant Expenses

All Utilities
Yes

Property Features

Limited Service: Not Limited Service Construction: Brick; Vinyl Basement: Full; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Lease Type: One Year; Month To Month Owner Expenses: Lawn Care; Management Fee Tenant Expenses: All Utilities
Listing Office: WOLTZ & ASSOCIATES
Last Updated: September - 15 - 2024
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