Investment Opportunity! Twelve fully rented units just outside of the Town of Chilhowie. These units consists of two, six unit buildings. One unit is located at 137 Riley Dr. and the other is located at 302 Apple Valley Road. These units are each 2 bedrooms and 1.5 bathrooms. They have been well maintained and feature newer metal roofs and some updated heat pumps. The rents are currently at $375 per month but have not seen a substantial increase in many years. Tenants pay for their own utilities.
Sold for $515,000 on 09/01/22
$515,000
137 Riley Dr, Chilhowie, VA 24319
24beds
2baths
10,464sqft
Apartment
Built in 1991
-- sqft lot
$600,100 Zestimate®
$49/sqft
$936 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2024 at 05:01am
Listed by:
Bryan Godwin 276-685-1147,
Godwin Realty LLC
Bought with:
Non Member Non Member
Non Member Office
Source: SWVAR,MLS#: 82579
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 2
Basement
- Area: 0
Heating
- Central, Heat Pump
Cooling
- Central Air, 2 Bdrm-Central A/C
Appliances
- Included: Range/Oven, Refrigerator, Electric Water Heater, 2 Bdrm-Stove, 2 Bdrm-Refrigerator
- Laundry: Main Level
Features
- Flooring: Carpet
- Windows: Insulated Windows
- Basement: Crawl Space
- Fireplace features: None
Interior area
- Total structure area: 10,464
- Total interior livable area: 10,464 sqft
- Finished area above ground: 10,464
- Finished area below ground: 0
Property
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: None
Lot
- Size: 1.03 Acres
Details
- Parcel number: 54A610B
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Vinyl Siding, Stone Veneer, Dry Wall
- Roof: Metal
Condition
- Exterior Condition: Good,Interior Condition: Good
- Year built: 1991
Utilities & green energy
- Electric: Separate Meters
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chilhowie
HOA & financial
Other financial information
- Total actual rent: 375
Other
Other facts
- Road surface type: Paved
Services availability
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