Colonial Heights, VA 23834,1902 Franklin AVE

$250,000

Est. payment /mo

$219,000

14.2%
Est.Price: ?

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1902 Franklin AVE Colonial Heights, VA 23834

3,143 SqFt

SOLD DATE : 09/29/2023

Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,143 sqft

Price per Sqft $79

Subdivision A B Cook Farm

MLS Listing ID 2318649

Sold Date 09/29/23

Style Other,Two Story

Construction Status Approximate

HOA Y/N No

Year Built 1972

Annual Tax Amount $2,712

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Investor opportunity: a quad with a cash flow PRICED BELOW ASSESSED VALUE. This 3,143 SF house has three 1 BR units and one 2 BR unit. Located on a corner double lot, the property includes two connected houses with comfortable setbacks in an established neighborhood. The property and all its components are offered "as is" and any inspections shall be for informational purposes only. Please see the supplements for a list of which appliances convey. The gross income listed is simply the current rents annualized and includes no late fees nor delinquencies, if any. The landlord supplies electricity and water; there is no gas. The electrical service averages about $650 per month and the water about $150. Conveniently located off of Rt. 1 near I-95, Ft. Gregg Adams, Petersburg, shopping and restaurants.

Location

State VA

County Colonial Heights

Community A B Cook Farm

Area 55 - Colonial Heights

Direction Corner of Franklin and B Avenue, one block west of U.S. 1

Rooms

Basement Partial

Interior

Appliance Electric Water Heater

Exterior

Waterfront No

Roof Type Composition

Porch Deck, Front Porch

Parking Type On Street

Garage No

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public

Architectural Style Other, Two Story

Level or Stories Two

Structure Type Brick,Block,Mixed

Construction Status Approximate

Schools

Elementary Schools Lakeview

Middle Schools Colonial Heights

High Schools Colonial Heights

Others

Tax ID 2100-01-0F-012

Ownership Individuals

Financing Cash

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Central Virginia Regional MLS (CVR MLS)
Listed by Va Properties Long & Foster
Bought with RE/MAX Commonwealth

Beth Baldwin

Associate Broker, REALTOR® | License ID: 0225076137

+1(804) 337-6728

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