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165 BLOCKER Ridgeley, WV 26753
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Key Details
Sold Price $220,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $42
MLS Listing ID WVMI111740
Sold Date 05/27/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,756
Tax Year 2020
Lot Size 3,000 Sqft
Acres 0.07
Property Description
FULLY RENTED APARTMENT BUILDING FOR SALE - 9 UNITS TOTAL, 7 1-BEDROOM, 2 2-BEDROOM, ELECTRIC SEPARATE, LANDLORD PAYS COMMON AREA ELECTRIC, WATER/SEWER, GAS FOR HOT WATER HEATERS, TRASH. TENANTS PAY ELECTRIC, TV/PHONE/INTERNET. FULLY RENTED, MOST BY LONG TERM TENANTS (5-15YRS). ELECTRIC BB HEAT, PLENTY OF STREET PARKING, HAS 1 CAR GARAGE, STORAGE CLOSETS, SPACE FOR LAUNDRY FACILITIES (NONE CURRENTLY). GOOD STEADY INCOME PRODUCER, BELOW MARKET RENTS ALLOW FOR INCREASES IN CASHFLOW FOR A SAVY INVESTOR (ALSO POTENTIAL FOR COIN LAUNDRY AND STORAGE SPACE RENTAL). MORE DETAILS AND FINANCIAL INFO AVAIL TO QUALIFIED BUYERS. DO NOT DISTURB TENANTS, CONTACT YOUR AGENT FOR ADDITIONAL INFO AND DETAILS.
Location
State WV
County Mineral
Zoning 211
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 9.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 9
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mineral County Schools
Others
Tax ID 052009800000000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Jacob L VanMeter • RE/MAX Real Estate Group
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