💥 Turn-Key 8 Unit Portfolio! 1 4-Plex, & 2 Duplexes!💥

Smyth County, Chilhowie, VA, 24319
Sold
Listed at: October 24th, 2022
Price
$398,700
ARV
$560,000
Gross Margin
$161,300
Sq. Footage
3840
Type
Multifamily
Parking
Driveway
Year build
1998
Lot size
0.37 acres
Bedrooms
8
Bathrooms
8
Half Bathrooms
0
Summary

Turn key PORTFOLIO, 8 UNITs

1 4-PLEX & 2 Duplexes

ASKING PRICE: $398,700

*NR-EMD: $4,500

All offers considered!!!

👉View pics and video footage inside by clicking on 'Click Here to Get this Deal' button👈


Tax assessed value is $483,000!

Property being offered 90k under tax assessed value!

**Click under addresses to view property media folders!


Entire portfolio is Rent RE


132 Riley Dr, Chilhowie, VA 

*Click here for Property Media*

Details:

This 4-Plex is turn-key rent-ready as is, all tenants are in good standing.

Units should easily rent for $800 per month. All leases are month-to-month

Layout:

4-plex with a large lot and storage shed.

Each unit is 2BD, 1.5BA with 845 fnsqft.

  • Roof (metal - 5 y/o)
  • Washer and Dryer Hookups inside units
  • All HVAC functions well
  • Water Heaters are in good shape
  • Plumbing and Electrical are flawless
  • 200 amp panels
  • Widows are in good condition
  • Tenants pay all utilities
  • All units on month-to-month

Utilities

  • Units are separately metered for power and water!
  • Tenants pay all Utilities!
  • City water and sewer!

Current Income

  • Unit 1:           $425 / m, deposit is $425
  • Unit 2:           $425 / m, deposit is $425
  • Unit 3:            $450 / m, deposit is $450
  • Unit 4:     Owner Occupied
  • Total Income:         $1,300 / m

Current Expenses

  • Taxes: $132 / m
  • Insurance: $80 / m
  • Total Expenses:         $212 / m


855 Meadowbrook Dr, Chilhowie, VA

*Click here for Property Media*

Details:

This duplex is turn-key rent-ready as is, all tenants are in good standing.

Units should easily rent for $850 per month. All leases are month-to-month

Layout:

Duplex with exceptional storage for each unit in the basement.

Each unit is 2BD, 1.5BA with 910 sqft.

  • Roof (30 yr architect shingle in great shape - 16 y/o)
  • Newer HVAC for Unit A (1 y/o)
  • Water Heaters are in good condition
  • Plumbing and Electrical are flawless
  • 200 amp panels
  • Tenants pay all utilities
  • All units on month-to-month

Utilities

  • Units are separately metered for power and water!
  • Tenants pay all Utilities!
  • City water and sewer!

Current Income

  • Unit A:           $500 / m, deposit is $500
  • Unit B:           $450 / m, deposit is $450
  • Total Income:         $950 / m

Current Expenses

  • City Taxes: $17 / m
  • County Taxes: $73 / m
  • Insurance: $60 / m
  • Total Expenses:         $150 / m



 144 Greenway Ave, Marion, VA

*Click here for Property Media*

More Details:

This duplex is turn-key rent-ready as is, all tenants are in good standing.

Units should easily rent for $825 per month. All leases are month-to-month

Layout:

Duplex with exceptional storage for each unit in the basement.

Each unit is 2BD, 1.5BA with 910 sqft.

  • Roof (Metal - 5 y/o)
  • Water Heaters are in good condition
  • Plumbing and Electrical are flawless
  • 200 amp panels
  • Tenants pay all utilities
  • All units on month-to-month

Utilities

  • Units are separately metered for power and water!
  • Tenants pay all Utilities!
  • City water and sewer!

Current Income

  • Unit A:           $475 / m, deposit is $425
  • Unit B:           $475 / m, deposit is $425
  • Total Income:         $950 / m

Current Expenses

  • City Taxes: $20 / m
  • County Taxes: $89 / m
  • Insurance: $60 / m
  • Total Expenses:         $169 / m



Run your numbers!

ALL 8 UNITS MUST BE SOLD TOGETHER! Seller WILL NOT SEPARATE!


 ðŸ‘‰ CALL OR TEXT ANYA

TO SET UP A WALKTHROUGH !

📞 (423) 482-8647


👉 OR BLAINE

 FOR MORE INFO!

📞 (423) 374-3691


PLEASE DO NOT ATTEMPT TO ENTER ANY PROPERTIES WITHOUT OUR AUTHORIZATION. You are receiving this email because you are noted as a professional real estate buyer and investor. We do not guarantee that possession will be delivered with contents emptied. Buyer(s) must do their own due diligence - information provided by seller and or sellers direct representative, buyer should verify all data prior to signing contract. Option Period will Not be granted. One or more of the members of the selling entity is a licensed real estate agent/broker in the State of Virginia. AwesomeCashBuyers is marketing an option/ assignment of interest in a contract and we do not represent, warrant or claim to be the current owner on legal title to this property. All properties are subject to errors, omissions, deletions, additions and/or cancellation. All properties are sold as-is, where-is with no representations written or oral or warranties of any kind. Awesome Cash Buyers reserves the right to accept any offer at companies discretion. Time is of the essence. AGENTS: Please contact us for availability or showing appointments. There are no inspection periods or contingencies, and your commissions will need to be added on top of the price listed above before presenting to your client(s). All other terms listed here apply.
Videos

132 Riley Dr, Chilhowie (Exterior)

855 Meadowbrook Dr, Chilhowie (Exterior)

144 Greenway Ave, Marion (Exterior)

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Anya Inocencio

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