0 CASSELL LN, Bedford, VA 24523
$1,550,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
252,648
Status:
Closed
Current Price:
$1,550,000
List Date:
4/16/2014
Last Modified:
9/15/2024
Description
Sale includes 20 units total-10 buildings each w/2 townhouse units. All 20 units are 3BR-2ba. Ten units have full basements, 10 units are on slabs. Addresses are 1502 through 1521 Cassell Lane. The finished area per unit is 1452+/-Sq.ft. For 10 units with basements, basement is additional 810+/-Sq.ft. Note: Information obtained from Bedford GIS -BRING OFFERS
More Information MLS# 802815
General Property Description
Lot Dimensions: Irregular
Multi-Family Type: Other - See Remarks
Construction Status: Completed
Total Acreage: 5.8
Present Use: Built-As
# Furnished: 0
# Unfurnished: 20
# Leased Units: 20
Gross Bldg SQFT: 28040
Basement Y/N: Yes
Water Class: N/A
Parking Description: Private (10 or More)
# Vehicle Spaces: 40
Gross Income: 187105
Year Built: 2003
Number of Units: 20
Operating Expense: 62051
Net Operating Income: 125054
Location, Tax & Legal
Major Area: 06 - Bedford County
Phase: 0
Subdivision Map: Shady Knoll 42-186
Lot: 14-23
Block: 0
Tax ID: 176-A-14, plus 29 more Tax ID #s
Annual Taxes: 18968
Section: 3
Zoning Code: R2
POA Y/N: No
Area: 0601 - Town of Bedford
Street Name: CASSELL
Street Suffix: LN
State/Province: VA
Zip Code: 24523
Subdivision: N/A
Municipality: Town of Bedford
Elementary School: Bedford
High School: Liberty High
Remarks & Misc
Directions: From Rt.460 in Bedford near Walmart, exit N on 122, bear R on Independence Blvd., go L on Shady Knoll Ave., go L on Cassell Lane
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Vinyl: 1
Basement
Full: 1
Walk-Out Access: 1
Heating
Heat Pump Electric: 1
Cooling
Heat Pump Electric: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Lease Type
One Year: 1
Month To Month: 1
Owner Expenses
Lawn Care: 1
Management Fee: 1
Tenant Expenses
All Utilities: 1
Expenses
Management Exp: 28800
Maintenance Exp: 6930
Tax Exp: 18968
Insurance Exp: 7353
Contract Information
Current Price: $1,550,000
Sold Price: $1,550,000
List Date: 2014-04-14
Status: Closed
Status Change Info
Ratified Contract Dt: 2015-03-31
Sold Date: 2015-07-01
Sold Price: $1,550,000
Property Features
Limited Service: Not Limited Service
Construction: Brick; Vinyl
Basement: Full; Walk-Out Access
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year; Month To Month
Owner Expenses: Lawn Care; Management Fee
Tenant Expenses: All Utilities
Listing Office: WOLTZ & ASSOCIATES
Last Updated: September - 15 - 2024
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