$250,000
$219,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
1902 Franklin AVE Colonial Heights, VA 23834
3,143 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,143 sqft
Price per Sqft $79
Subdivision A B Cook Farm
MLS Listing ID 2318649
Sold Date 09/29/23
Style Other,Two Story
Construction Status Approximate
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,712
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Investor opportunity: a quad with a cash flow PRICED BELOW ASSESSED VALUE. This 3,143 SF house has three 1 BR units and one 2 BR unit. Located on a corner double lot, the property includes two connected houses with comfortable setbacks in an established neighborhood. The property and all its components are offered "as is" and any inspections shall be for informational purposes only. Please see the supplements for a list of which appliances convey. The gross income listed is simply the current rents annualized and includes no late fees nor delinquencies, if any. The landlord supplies electricity and water; there is no gas. The electrical service averages about $650 per month and the water about $150. Conveniently located off of Rt. 1 near I-95, Ft. Gregg Adams, Petersburg, shopping and restaurants.
Location
State VA
County Colonial Heights
Community A B Cook Farm
Area 55 - Colonial Heights
Direction Corner of Franklin and B Avenue, one block west of U.S. 1
Rooms
Basement Partial
Interior
Appliance Electric Water Heater
Exterior
Roof Type Composition
Porch Deck, Front Porch
Garage No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other, Two Story
Level or Stories Two
Structure Type Brick,Block,Mixed
Construction Status Approximate
Schools
Elementary Schools Lakeview
Middle Schools Colonial Heights
High Schools Colonial Heights
Others
Tax ID 2100-01-0F-012
Ownership Individuals
Financing Cash
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Bought with RE/MAX Commonwealth