$309,000
$295,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
1104 W Broadway Hopewell, VA 23860
2,025 SqFt
Key Details
Sold Price $309,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,025 sqft
Price per Sqft $152
Subdivision Day
MLS Listing ID 2304433
Sold Date 03/10/23
Style Ranch
Construction Status Actual
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,008
Tax Year 2022
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
DUPLEX MUST SEE. Builder has gutted and finished throughout. Everything upgraded, fully permitted with new appliances, new roof, new heating/cooling units, electrical, flooring, etc. Each unit leased at $1500/unit/mo. 20% Down Cash-on-Cash Return $59,000 61.02%
CAP Rate 6.45%
Debt service at 6% 30yr $1,414.93 $16,979.16
Taxes $84.00 $1,008.00
Income Unit 1 Unit 2 Total
1500 1500 3000
Annual Income $36,000.00
Annual Expenses $16,979.16
Net Income $19,020.84
Location
State VA
County Hopewell
Community Day
Area 56 - Hopewell
Direction W Randolph Rd north to West on West Broadway to property on left
Exterior
Exterior Feature Unpaved Driveway
Roof Type Asphalt
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Brick,Wood Siding
Construction Status Actual
Schools
Elementary Schools Dupont
Middle Schools Carter G. Woodson
High Schools Hopewell
Others
Tax ID 030-1025
Ownership Corporate
Financing Cash
Special Listing Condition Corporate Listing
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Bought with EXP Realty LLC