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Sold for $392,500 on 09/14/23
  • $392,500

    1183 & 1185 Forrest Dr, Stanley, VA 22851

    10beds
    --baths
    4,320sqft
    Multi Family
    Built in 1990
    -- sqft lot
    $455,700 Zestimate®
    $91/sqft
    $1,116 Estimated rent

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    $1,116/mo

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    $2,241/mo

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    $2,241/mo

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    What's special

    INVESTMENT OPPORTUNITY! This one parcel property hosts TWO DUPLEXES (meaning 4 total rental units) all on one lot! This one of a kind property is a great opportunity for new, or experienced investors! Both duplexes were built in 1990 and are on public water and public sewer, with trash pick up. Each unit has its own storage unit and the water/sewer and electric hookups are all separate for each unit. All 4 units are fully occupied, with the tenants paying ALL utilities, including mowing and maintaining their own yard. Each of the (4) units is 1,080 square feet with a brick foundation and vinyl siding. 1183 Forrest (left duplex) consists of an A & B section (B is photographed), that are identical to one another and they are 3 bed, 1 bath units. 1185 Forrest (right duplex) consists of an A & B section (A is photographed), that are are identical to one another and they are 2 bed, 1 bath units, with the bedrooms being double the size. 2 of the 4 units have upgraded vinyl waterproof planks installed in the main living area, hallway and bedrooms. All units have washer and dryer hookups, front porches, small concrete patios in the back and at least 2 parkings spaces for each unit in the parking lot area. This is an amazing opportunity! DON'T MISS OUT!

    Zillow last checked: 8 hours ago

    Listing updated: September 18, 2023 at 07:02am

    Listed by:

    Sable Ponn 540-860-8966,

    Funkhouser Real Estate Group

    Bought with:

    Heather Skowronsky, 0225067177

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: VAPA2002486MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Refrigerator, Oven/Range - Electric, Dishwasher, Electric Water Heater
    Features
    • Combination Kitchen/Dining, Floor Plan - Traditional, Pantry, Dry Wall
    • Flooring: Carpet, Luxury Vinyl, Laminate
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 4,320
    • Total interior livable area: 4,320 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Gravel, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Patio, Porch
    • Pool features: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.41 Acres
    • Features: Cleared
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 71A1 A 4
    • Zoning: MDR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Cable

    Community & neighborhood

    Location
    • Region: Stanley

    HOA & financial

    Other financial information
    • Total actual rent: 28200

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple