Great investment opportunity!!! Fully leased to excellent long term tenants. All brick 4 unit apartment that has been very well maintained and upgraded. New roof installed in 2014. Current monthly rent income is $2,250 and more income expected by raising lower rent to market average. Each unit has a range, dishwasher, refrigerator, and washer/dryer. Tenants pay all utilities with separate meters and there is low maintenance cost by landlord. NO HOA fees. 1100 and 1500 Riggleman Drive 4 plexes are also on market. You can buy all three together!
Off market
Zestimate®
$476,900
500 Riggleman Dr, Timberville, VA 22853
--beds
0baths
3,448sqft
MultiFamily
Built in 1994
-- sqft lot
$476,900 Zestimate®
$138/sqft
$1,450 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Crawl
Interior area
- Total interior livable area: 3,448 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 0.47 Acres
Details
- Parcel number: 40A4-(15)-L5
- Zoning: R-3 General Residential
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1994
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Timberville
Other
Other facts
- Class: MULTI-FAMILY
- Listing Services: Exclusive Right to Sell
- Sewer/Septic: Public Sewer
- Water: Public Water
- Heating: Electric
- Access: Cul-de-sac, Public Road
- Owner Pays: Insurance, Taxes
- Status: Pending
- Status Category: Pending
- Tenant Pays: Electricity, Water/Sewer, Trash
- Basement: Crawl
- Source of SQ. FT.: Public Records
- SubArea: Rockingham Co NW
- Property Type: Quad
- Foundation: Concrete Slab
- Zoning: R-3 General Residential
- Legal Description: Riggleman Drive-Riggleman SBDV L 5
- Parcel Number: 40A4-(15)-L5