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207 Northeast Diagonal Avenue, Coeburn, VA 24230 - $1,000,000

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Blue Ridge Properties Listing

207 Northeast Diagonal Avenue, Coeburn, VA 24230 (MLS #9990157)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9990157

Lot Acreage: 0.50000

Living Area: 10,000

Year Built:

Elementary School:

Middle School:

High School:

Public Remarks: Excellent investment opportunity featuring four separate structures with immediate income and significant upside potential. Additional properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. This portfolio includes a brick quadplex that is fully rented, providing steady cash flow from day one. Also included is a large downtown building offering a storefront space in need of renovation, presenting an ideal value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied with 3 of 4 units rented, and a newer duplex with both units rented adds modern appeal and stability to the income stream. Rents across the properties have not been increased in quite some time, offering strong potential for future growth through rent adjustments and improvements. With multiple income-producing assets and room to add value, this is a rare opportunity for investors seeking both immediate returns and long-term upside.taxes are approximate, as tax rate hasn't yet been determined for new assessment

Listing Courtesy:REMAX Results Bristol

More Listing Info:

AC:Heat Pump3: true

Business Type:Condo: true

Business Type:See Remarks33: true

Business Type:Vacant2: true

Contract Info:Foreclosure: No

Development Status:See Remarks37: true

Electric Service:220 Volts: true

Exterior Finish:Brick4: true

Exterior Finish:See Remarks3: true

Exterior Finish:Vinyl Siding: true

General Property Description:Acres: 0.5

General Property Description:Annual Lease: 75000.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: See acreage

General Property Description:Total SqFt Finished: 10000.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: Commercial

Heating:Heat Pump2: true

Info Available:ProfitLoss Statement: true

Location Tax Legal Info:City Taxes: 700.0

Location Tax Legal Info:County Taxes: 2000.0

Other Equipment:None22: true

Remarks Misc:Directions3: From front st, turn right on 2nd st left on diagonal

Remarks Misc:Public Remarks7: Excellent investment opportunity featuring four separate structures with immediate income and significant upside potential. Additional properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. This portfolio includes a brick quadplex that is fully rented, providing steady cash flow from day one. Also included is a large downtown building offering a storefront space in need of renovation, presenting an ideal value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied with 3 of 4 units rented, and a newer duplex with both units rented adds modern appeal and stability to the income stream. Rents across the properties have not been increased in quite some time, offering strong potential for future growth through rent adjustments and improvements. With multiple income-producing assets and room to add value, this is a rare opportunity for investors seeking both immediate returns and long-term upside.taxes are approximate, as tax rate hasn't yet been determined for new assessment

Restrictions:Deed: true

Road Access:City Street: true

Roof:Metal3: true

Roof:Shingle: true

Sale Includes:Fee Simple: true

Sewer:Public Sewer: true

Water:Public: true