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Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
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Home For Sale Virginia Abingdon 2415
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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

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