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Off market
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  • $853,100

    282 Draft Ave, Stuarts Draft, VA 24477

    5beds
    11,544sqft
    SingleFamily
    Built in 1932
    1.06 Acres Lot
    $853,100 Zestimate®
    $74/sqft
    $2,598 Estimated rent

    Home value

    $853,100

    $580,000 - $1.19M

    $2,598/mo

    Zestimate® history
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    $4,733/mo

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    What's special

    Tremendous investment opportunity $7290 per month income on a fully leased turn key property with many recent updates. Highly visible location in the heart of downtown STUARTS DRAFT. Property consists of 9 COMMERCIAL SPACES AND 5 RESIDENTIAL ONE BEDROOM APARTMENTS all fully leased (bakery, Hair salons, Tatoo Parlor, Insurance agent) . GREAT INVESTMENT OPPORTUNITY. $7290 income per month!!! over 10% CAP with plenty of room to raise! Roof is Firestone rubber and composite shingle on rental house. Many recent updates including HVAC systems, flooring and paint to many of the units within last 3 years. Ask for full list of updates and upgrades. Large Parking Lot Off Wayne Ave and A parking lot off of Draft Ave as well. Parking to support 35+ vehicles..Many more photos of apartments and units available at request for qualified purchasers.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 12
    • Full bathrooms: 5
    • 1/2 bathrooms: 7
    Heating
    • Baseboard, Forced air
    Cooling
    • Central
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 11,544 sqft

    Property

    Lot
    • Size: 1.06 Acres
    Details
    • Parcel number: 084A541
    • Zoning: GB General Business

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1932

    Community & neighborhood

    Location
    • Region: Stuarts Draft

    Other

    Other facts
    • Class: RESIDENTIAL
    • Listing Services: Full Service
    • Air Conditioning: Central AC, Window Unit(s)
    • Sewer/Septic: Public Sewer
    • Water: Public Water
    • Master Bed on Main Level: Yes
    • Heating: Baseboard, Central Heat
    • Basement: Unfinished
    • Level: 2 Story
    • Foundation: Concrete Block, Stone
    • Source of SQ. FT.: Public Records
    • Master Bath on Main Level: Yes
    • Status: Pending
    • Status Category: Pending
    • Zoning: GB General Business
    • Legal Description: 84A-(5)-41 Lot Cont. 5000 Sq Ft; 84a-(5)-40 Lesley Prop at Stuarts Draft .1 acre
    • Parcel Number: 084A-5-40, 084A-5-41, 084A-5-46 ,084A-5-47

    Price history

    DateEventPrice
    1/27/2022Pending sale$725,000$63/sqft
    Source: CAAR #625738
    1/20/2022Listed for sale$725,000$63/sqft
    Source: CAAR #625738

    Public tax history

    YearProperty taxesTax assessment
    2025$78 $15,000
    2024$78 +23.8%$15,000 +50%
    2023$63 $10,000

    Find assessor info on the county website

    Neighborhood: 24477

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Guy K. Stump
    • Middle: Stuarts Draft
    • High: Stuarts Draft

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $853,100
    2% more+ $17,062
    With Zillow Showcase(estimated)
    $870,162