$193,000
$170,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
201 MECHANIC ST Luray, VA 22835
4 Beds
2 Baths
2,283 SqFt
Key Details
Sold Price $193,000
Property Type Condo
Sub Type Unit/Flat/Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,283 sqft
Price per Sqft $84
Subdivision None Available
MLS Listing ID VAPA106104
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1930
Annual Tax Amount $1,377
Tax Year 2020
Lot Size 10,890 Sqft
Property Description
Are you looking for an incredible investment opportunity in the Town of Luray? This property offers two apartments and one cottage, for a total of three separate rental units! Downtown Luray and all it has to offer are just a few short steps away. This property has plenty of off-street parking and a large corner lot. Numerous improvements have been made within the last year, including a new hot water heater, furnace updates, sewer line replacement, and a new sump pump. The landlord is currently accumulating $1,500 in gross rent per month, with room to grow income. The Hawksbill Greenway walking trail is less than a 1,000 feet away, which enhances the rental units' desirability of this property. This opportunity will not last long as it has everything that an investor is looking for! Please call listing agent at 540-742-3996 to schedule a showing.
Location
State VA
County Page
Zoning R-3
Interior
Hot Water Electric
Heating Baseboard - Electric, Heat Pump(s)
Cooling None
Laundry Has Laundry, Hookup, Main Floor, Upper Floor
Exterior
Exterior Feature Porch(es)
Utilities Available Electric Available, Phone Available, Water Available, Cable TV Available, Sewer Available
Water Access N
Roof Type Metal
Building
Story 2
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Luray
Middle Schools Luray
High Schools Luray
School District Page County Public Schools
Others
Special Listing Condition Standard
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Bought with Lauren S Reed • Funkhouser Real Estate Group