How Does Saved Listings Work?

To save a listing to your list of favorites, click into the listing you're interested in and simply click the "Save Listing" button from the listing details page.

You have now saved your listing!

To view your saved listings, click on the top " Saved Listings" link at the top of the screen near the menu. Save as many as you want and catalog them with this easy-to-use feature!

This feature works by storing an HTTP cookie on your machine to store and retrieve your list of favorites. To clear all favorite listings, simply clear out your browser's cookies (under the browser's settings).

31157 Princeton Avenue, Meadowview, VA 24361 - $525,000

« Back | Home

Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9991031
Living Area: 0 Lot Acreage: 0 Year Built: 1970
Elementary School: Meadowview Middle School: Glade Spring High School: Patrick Henry
Property Description
Rare investment opportunity beside of Emory and Henry University, a small prestigious, private school in the beautiful mountains of Southwest Virginia. This former E & H home has been newly remodeled into a four unit apartment building with laundry center. The Wasp Nest is designed for Professional and/or Emory Students to enjoy quiet, peaceful living. Rent on each unit includes electric, internet, water, sewer, and mowing. Walk to class, the post office, medical office, restaurant, and all the University has to offer with its many athletic and academic functions. This property has almost half an acre with a large parking area for tenants. Each apartment is thoughtfully designed with kitchen/lr combo, bedroom and bathroom. A mini split is in each unit for comfort year round. This apartment unit is minutes away from I-81, Historic Abingdon, Bristol, The Virginia Creeper Trail, and Appalachian Trail.
Listing Status
Active
  • More Listing Info
    AC:See Remarks11true
    Appliances:Dryertrue
    Appliances:Rangetrue
    Appliances:Refrigeratortrue
    Appliances:Washertrue
    Basement:Block4true
    Contract Info:ForeclosureNo
    Easements:None12true
    Expenses Include:Cable TV3true
    Expenses Include:Electric2true
    Expenses Include:Lawn Mainttrue
    Expenses Include:Repairs and Mainttrue
    Expenses Include:Taxes Real Estatetrue
    Expenses Include:Wastetrue
    Expenses Include:WaterSewertrue
    Exterior Finish:Brick4true
    Exterior Finish:T111true
    Fireplace:Brick3true
    Fireplace:Living Roomtrue
    Flooring:Laminatetrue
    Foundation:Block6true
    General Property Description:# Buildings1
    General Property Description:# Fireplaces1
    General Property Description:# of Units4.0
    General Property Description:Acres0.47
    General Property Description:Elementary School3Meadowview
    General Property Description:High School3Patrick Henry
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions89x200x115x202
    General Property Description:Middle School2Glade Spring
    General Property Description:Senior Community YN3No
    General Property Description:Stories22
    General Property Description:Total Units4
    General Property Description:Zoning2VIllage
    Heating:See Remarks10true
    Income and Expenses:Gross Annual Income56400
    Info Available:Survey2true
    Interior Features:Remodeledtrue
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Twotrue
    Location Tax Legal Info:Block2
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes884.94
    Location Tax Legal Info:Deed Book #250003273
    Location Tax Legal Info:Deed Page #250003273
    Location Tax Legal Info:Lot #3
    Other Rooms:Laundrytrue
    Parking Features:Attachedtrue
    Parking Features:Graveltrue
    PorchPatioDeck:Decktrue
    Property Condition:Above Averagetrue
    Property Condition:UpdatedRemodeledtrue
    Remarks Misc:Directions3Interstate 81 North to exit 26; Left off ramp; Go approximately 1.2 miles; Left on Princeton Avenue; First house on the left.
    Remarks Misc:Public Remarks7Rare investment opportunity beside of Emory and Henry University, a small prestigious, private school in the beautiful mountains of Southwest Virginia. This former E & H home has been newly remodeled into a four unit apartment building with laundry center. The Wasp Nest is designed for Professional and/or Emory Students to enjoy quiet, peaceful living. Rent on each unit includes electric, internet, water, sewer, and mowing. Walk to class, the post office, medical office, restaurant, and all the University has to offer with its many athletic and academic functions. This property has almost half an acre with a large parking area for tenants. Each apartment is thoughtfully designed with kitchen/lr combo, bedroom and bathroom. A mini split is in each unit for comfort year round. This apartment unit is minutes away from I-81, Historic Abingdon, Bristol, The Virginia Creeper Trail, and Appalachian Trail.
    Roof:Metal3true
    Sewer:Public Sewertrue
    Showing Instructions:Showing Servicetrue
    Structure Type:Housetrue
    Structure Type:Multi Familytrue
    Style:Traditional3true
    TopographyLot Description:Clearedtrue
    TopographyLot Description:Level2true
    TopographyLot Description:Rolling Slopetrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms31
    Unit 1:# Rooms43
    Unit 1:# Units4
    Unit 1:Monthly Rent1200
    Unit 1:SqFt6489
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms41
    Unit 2:# Rooms33
    Unit 2:# Units21
    Unit 2:Monthly Rent21300
    Unit 2:SqFt5671
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms51
    Unit 3:# Rooms23
    Unit 3:# Units31
    Unit 3:Monthly Rent31100
    Unit 3:SqFt2385
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms61
    Unit 4:# Rooms3
    Unit 4:# Units41
    Unit 4:Monthly Rent41100
    Unit 4:SqFt443
    Utilities:Cable Connected2true
    Utilities:Electricity Connectedtrue
    Utilities:Sewer Connectedtrue
    Utilities:Water Connectedtrue
    Walls:Drywalltrue
    Water:Publictrue
    Window Features:Insulated Windowstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Robin's Nest Realty, LLC
Mortgage Calculator

Estimate your monthly payments!

Loan Amount
Interest Rate (%)
Loan Period (Years)

Share This Listing

Want to see this property?

Fill out the form below!