265 Dent ST, Rocky Mount, VA 24151

$640,000
Property Type: MultiFamily Status: Closed
Current Price: $640,000 List Date: 10/25/2020 Last Modified: 12/27/2024

Overview

Description

12 unit 2 bedrooms each, all brick building, Last unit rented at 650/mo. Low maintenance investment, replacement cost would be well over 1.2 million , Has a laundry mat which is not being used; but, will bring in more revenue, there is more land that possibly could be cut into lots for homes, or another apartment building, seller selling in as is condition. All units rented as of 11/11/20 per owner Price is firm

Listing Details MLS# 872857

Location, Tax & Legal

Area
0400 - Franklin County
Street Number
265
Street Name
Dent
Street Suffix
ST
State/Province
VA
Zip Code
24151
Subdivision
N/A
Municipality
Town of Rocky Mount
Elementary School
Lee M. Waid
Middle School
Ben Franklin Middle
High School
Franklin County

General Property Description

Multi-Family Type
Apartments
Construction Status
Completed
Year Built
1980
Number of Units
12
# Unfurnished
12
# Leased Units
12
Gross Bldg SQFT
8800
Lot Dimensions
200 x 150 approx
Basement Y/N
No
Parking Description
Private (10 or More)
Operating Expense
18814
Net Operating Income
60206
Gross Income
79020
Water Class
N/A

Status Change Info

Ratified Contract Dt
2020-11-18
Sold Date
2021-01-21

Expenses

Tax Exp
3562
Insurance Exp
2435

More Information

Property Features

Limited Service: Not Limited Service Construction: Brick Basement: Slab Heating: Heat Pump Electric Cooling: Heat Pump Electric Water Description: Public Sewer Description: Public Sewer Water Heater Energy: Electric Owner Expenses: Other - See Remarks Misc Features: Laundry Facility; Maint-Free Exterior Tenant Expenses: Electricity
Listing Office: L T MCGHEE & CO
Last Updated: December - 27 - 2024
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