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Apartamento
Ferramentas
Size
Financial
$698,999
Change Currency
$1,545
Annual taxes
Listing Details
Apartamento
Tipo de Propriedade
1880
Ano de construção
7648751
Identificação Web
10531534
ID do MLS
58
Days Posted
Descrição
116 Franklin Street,
Suffolk,
VA
23434
Suffolk, VA 23434
A FIVE-unit building with a positive monthly cash flow of approx $6900/mo. $5000 being rented as FURNISHED mid-term rentals. Includes 4 -1bd/1 ba units (rent for $1200-$1300/mo. each) and one large (1600 sq ft) 3bd/1ba unit (rents for $2000/mo). All five units have been renovated since 2019, and some upgrades include ALL NEW WINDOWS, exterior paint, new flooring throughout, central HVAC in the largest unit, and new countertops, cabinets, and appliances. 2 newly renovated units were added in Jan 2024. The building includes shared laundry (possible additional income stream if added coin-laundry) and an all-brick carriage house being sold as-is. The Carriage house offers possible additional income as rentable storage or additional units. All furnishings convey. The building is 100% occupied. Showings must be scheduled a minimum of 72 hours in advance. Rent includes electricity, water, and internet. 30-day minimum stays. 2023 (3 units)had a 4% cap rate. Vacancy rate for 2023 was 75%.
This is an Active listing.
Broker Office Phone Number: 757-320-0985
Copyright © 2024Real Estate Information Network, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 757-320-0985
Copyright © 2024Real Estate Information Network, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Serviços
- Carpet
- Carpeted Floors
- Refrigerator
- Vinyl Flooring
- Wood Floors
- Dryer Included
- Laminate Flooring
- Heat Pump
- Asphalt Shingle Roof
- Slate Roof
- Driveway
- Garage
Histórico de preçosVER CATÁLOGO +
| date | Preço | variance | type |
|---|---|---|---|
| 5/28/2024 | $698,999 | undefined | Listados |
| 5/2/2024 | $699,000 | - | fora do mercado |
| 4/26/2024 | $699,000 | 4.25 % | diminuiu |
| 4/6/2024 | $730,000 | 1.35 % | diminuiu |
| 2/14/2024 | $740,000 | 1.33 % | diminuiu |
| 1/14/2024 | $750,000 | 50.30 % | Listados |
| 7/20/2023 | $499,000 | - | fora do mercado |
| 5/30/2023 | $499,000 | - | Listados |
Listing By: 1st Class Real Estate Integrity via Data Source: Real Estate Information Network, Inc.
agente de listagem: Leslie Martin
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