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Investment Property For Sale By Owner
Beautiful Home AND Wonderful Investment Opportunity
809, 811 and 813 Colonial Road SW , Abingdon, Virginia 24210 United States
Description
Centrally located property with multiple potential uses. Totally remodeled and updated (completed Feb 2011). Zoned commercial/residential.
The Main House (809 Colonial) is a spacious 1934 brick home with all amenities :
3 (or 4) bedrooms with 3 baths
Separate master suite with soaking tub and separate shower; Spanish tile and beautifully redone old wood floors; granite and marble counters; stainless steel undermount sink; new stainless steel appliances; large walk-in closets; functioning authentic windows and transoms; large basement for storage; wrap-around porch with views of Abingdon; new roof; 2 heat pumps (the main one is a new high-efficiency Trane).
Apartment #1 (811 Colonial) built approx. 1995
This one is rented at $800/month.
Both apartments have open floor plan, 2 bright bedrooms, 1 bath, wide halls, upgraded, new appliances and cabinets, solid wood doors, Allure flooring, central heat (natural gas)/air.
Apartment #2 (813 Colonial) built approx. 1995
This one is rented at $850/month
In Summary, fantastic location within walking distance of historic downtown Abingdon, restaurants, and college. Wonderful private home with ready-made business opportunity. This is like buying 3 homes in one. Pay your monthly mortgage payments with the rental income from the 2 apartments!
Price: | $395,000 |
Property Sub-Type: | Investment Property |
Total Lot Size : | 0.46 Acres |
Year Built : | 1934 |
Listing ID: | 2415 |
Map of: 809, 811 and 813 Colonial Road SW , Abingdon, Virginia 24210 United States