Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9991031

Lot Acreage: 0.47000

Living Area: 0

Year Built:1970

Elementary School: Meadowview

Middle School: Glade Spring

High School: Patrick Henry

Public Remarks: 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 Courtesy:Robin's Nest Realty, LLC

More Listing Info:

AC:See Remarks11: true

Appliances:Dryer: true

Appliances:Range: true

Appliances:Refrigerator: true

Appliances:Washer: true

Basement:Block4: true

Contract Info:Foreclosure: No

Easements:None12: true

Expenses Include:Cable TV3: true

Expenses Include:Electric2: true

Expenses Include:Lawn Maint: true

Expenses Include:Repairs and Maint: true

Expenses Include:Taxes Real Estate: true

Expenses Include:Waste: true

Expenses Include:WaterSewer: true

Exterior Finish:Brick4: true

Exterior Finish:T111: true

Fireplace:Brick3: true

Fireplace:Living Room: true

Flooring:Laminate: true

Foundation:Block6: true

General Property Description:# Buildings: 1

General Property Description:# Fireplaces: 1

General Property Description:# of Units: 4.0

General Property Description:Acres: 0.47

General Property Description:Elementary School3: Meadowview

General Property Description:High School3: Patrick Henry

General Property Description:HOA YN: No

General Property Description:Home Warranty2: No

General Property Description:Lot Dimensions: 89x200x115x202

General Property Description:Middle School2: Glade Spring

General Property Description:Senior Community YN3: No

General Property Description:Stories2: 2

General Property Description:Total Units: 4

General Property Description:Zoning2: VIllage

Heating:See Remarks10: true

Income and Expenses:Gross Annual Income: 56400

Info Available:Survey2: true

Interior Features:Remodeled: true

Laundry Features:Electric Dryer Hookup: true

Laundry Features:Washer Hookup: true

Levels:Two: true

Location Tax Legal Info:Block: 2

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 884.94

Location Tax Legal Info:Deed Book #: 250003273

Location Tax Legal Info:Deed Page #: 250003273

Location Tax Legal Info:Lot #: 3

Other Rooms:Laundry: true

Parking Features:Attached: true

Parking Features:Gravel: true

PorchPatioDeck:Deck: true

Property Condition:Above Average: true

Property Condition:UpdatedRemodeled: true

Remarks Misc:Directions3: Interstate 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 Remarks7: 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.

Roof:Metal3: true

Sewer:Public Sewer: true

Showing Instructions:Showing Service: true

Structure Type:House: true

Structure Type:Multi Family: true

Style:Traditional3: true

TopographyLot Description:Cleared: true

TopographyLot Description:Level2: true

TopographyLot Description:Rolling Slope: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 1

Unit 1:# Rooms4: 3

Unit 1:# Units: 4

Unit 1:Monthly Rent: 1200

Unit 1:SqFt6: 489

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 1

Unit 2:# Rooms3: 3

Unit 2:# Units2: 1

Unit 2:Monthly Rent2: 1300

Unit 2:SqFt5: 671

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 1

Unit 3:# Rooms2: 3

Unit 3:# Units3: 1

Unit 3:Monthly Rent3: 1100

Unit 3:SqFt2: 385

Unit 4:# Bathrooms2: 1.0

Unit 4:# Bedrooms6: 1

Unit 4:# Rooms: 3

Unit 4:# Units4: 1

Unit 4:Monthly Rent4: 1100

Unit 4:SqFt: 443

Utilities:Cable Connected2: true

Utilities:Electricity Connected: true

Utilities:Sewer Connected: true

Utilities:Water Connected: true

Walls:Drywall: true

Water:Public: true

Window Features:Insulated Windows: true