$2,850,000
$3,000,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
7.22 Acres Lot
SOLD DATE : 12/22/2020
Key Details
Sold Price $2,850,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2019203
Sold Date 12/22/20
Style Garden Home
Construction Status Approximate
HOA Y/N No
Year Built 1972
Lot Size 7.220 Acres
Acres 7.22
Property Description
Amazing Investment Opportunity! 50 units on over 7 acres, located only 2.5 miles from the Coleman Bridge. 8 single story buildings, 2 with 7 units, 6 with 6 units. Annual income with 100% occupancy +/- $400,000. Perfect location, not in a flood zone, just minutes to beaches, shopping, restaurants, interstates and more! Call today for an appointment, please don't disturb tenants.
Location
State VA
County Gloucester
Area 116 - Gloucester
Direction 17N. Left Powhatan, Left Carmines Island, Left Claudia Drive
Interior
Heating Baseboard, Heat Pump
Cooling Central Air
Exterior
Roof Type Composition
Topography Level
Handicap Access Accessibility Features
Building
Lot Description Level
Building Description Metal Siding,Vinyl Siding, Multi-Tenant
Story 1
Sewer Septic Tank
Water Public
Architectural Style Garden Home
Level or Stories One
Structure Type Metal Siding,Vinyl Siding
Construction Status Approximate
Others
Tax ID 050-59
Ownership ,Investment
Financing Cash
Read Less Info
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Bought with RE/MAX Peninsula (Gloucester)