Price Reduction
Address
32 W Railroad Ave, Craigsville, VA
Price
$ 725,000
Property Attributes
- MLS#636085
- TypeMulti-Family
- CountyAUGUSTA
- CityCraigsville
- AreaAugusta
- Zip24430
- Style4+ Apts
- Year Built1920
- Taxes$ 371
- Price$ 725,000
- Bedrooms10
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage8006
- Lot Size0.4 Acres
Data Source:
Charlottesville MLS (CAARMLS)
Property Description
Do not let this one pass you by!!!Established and well-maintained multifamily complex with 7 units,5 storage rentals and small office space. This one you can just take over and not have to worry about making improvements. All units have been completely updated. All newer appliances, which includes washer and dryers. Call your agent or the listing agent to get details of the income and expenses of this wonderful, profitable property. This has a 6 percent Cap rate. More units available ask for details. No inside pictures of the property in MLS for privacy of the tenant. The pictures are when updates were made. Agent related to the seller.
| Elementary School | Middle School | High School |
|---|---|---|
| Craigsville Elementary School | Beverley Manor Middle School | Buffalo Gap High School |
| Price History | |
|---|---|
| 10/27/2022 | Listed $800,000 |
| 1/4/2023 | 7% - $750,000 |
| 1/23/2023 | 4% - $725,000 |
General Features
| AVM | Yes |
|---|---|
| Access | Public Road |
| Area | Augusta |
| Cable/Internet Available | Cable |
| City | CRAIGSVILLE |
| Class | MULTI-FAMILY |
| Coming Soon | Do not let this one pass you by!!!Established and well-maintained multifamily complex with 7 units |
| DOM | 94 |
| Directions | 254 west/ Route 42 South towards Craigsville to 35 W Craig St (main street of the town) Park in asphalt parking lot. Building faces Railroad Avenue |
| Green Features | No |
| Gross Rent | 5375 |
| HOA | No |
| Heating | Baseboard |
| High School | Buffalo Gap |
| Historic District | No |
| Laundry Y/N | Dryer, Washer |
| Legal Description | 61A-(5)-8 Craigsville Rev Lots 8 & 9 8580 SQ .197 acres 61A-(10)-5-1A Craig addition Lot 1A BLK 5 7, 822 SQ Ft |
| Middle School | Beverley Manor |
| New Construction | No |
| Over 55 Community | No |
| Owner Pays | Electricity, Insurance, Maintenance, Taxes, Water/Sewer |
| Parcel Number | 061/A 5/ /8/ |
| Postal Code | 24430 |
| Price Per Sq Ft | 90.56 |
| Primary City | Craigsville |
| Status | Active |
| Status | Active |
| Street Name | RAILROAD AVE |
| Subdivision | VA |
| Subdivision | NONE |
| Tax Year | 2022 |
| Taxes | 371 |
| Type | 4+ Apts |
| Water | Public Water |
| Year Built | 1920 |
| Zoning | R-3 Medium Density Residential |
Interior Features
| Air Conditioning | Window Unit(s) |
|---|---|
| Structure-floors | Laminate |
| Total Finished Sq. Ft. | 8006 |
| Total Number of Units | 7 |
| Unit 1: # Baths | 1 |
| Unit 1: # Beds | 3 |
| Unit 1: # Sqft | 1340 |
| Unit 1: # Units | 1 |
| Unit 1: Type | 3 Bed Apt |
| Unit 2: # Baths | 2 |
| Unit 2: # Beds | 2 |
| Unit 2: # Sqft | 780 |
| Unit 2: # Units | 2 |
| Unit 2: Type | 2 Bed Apt |
| Unit 3: # Baths | 4 |
| Unit 3: # Beds | 4 |
| Unit 3: # Sqft | 1340 |
| Unit 3: # Units | 1 |
| Unit 3: Type | 4+ Bed Apt |
| Unit 4: # Baths | 1 |
| Unit 4: # Beds | 1 |
| Unit 4: # Sqft | 720 |
| Unit 4: # Units | 2 |
| Unit 4: Type | 1 Bed Apt |
Exterior Features
| Exterior | Block, Vinyl |
|---|---|
| Foundation | Poured Concrete |
| Lot Size Area | 0.4 |
| Sewer/Septic | Public Sewer |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 24430
Price
Taxes
Visits
Year Built
Walkscore
Charlottesville Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Lynchburg MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The
